Arthur Hayes, the former CEO of BitMEX, recently made some interesting comments regarding Dogecoin (DOGE) and the possibility of an ETF. He highlighted the increasing popularity of Dogecoin and the interest from institutional investors in the cryptocurrency market. Hayes believes that once regulators approve Bitcoin (BTC) and Ethereum (ETH) ETFs, they will also approve a Dogecoin ETF.
In a discussion with Real Vision CEO Raoul Pal, Hayes emphasized the significant role of Dogecoin and other cryptocurrencies in the US elections. He mentioned that meme coins like DOGE have a promising future ahead. With the Federal Reserve and the US Treasury continuing to print more money, Hayes predicted that the cryptocurrency market will become even more volatile and popular.
Both Hayes and Pal disclosed that they have memecoins like Dogecoin (DOGE), BONK, and Dogwifhat (WIF) in their portfolios. Hayes also made a bold prediction that Aptos (APT), currently ranked 27th by market cap, will surpass Solana (SOL) in the next 1 to 3 years. However, he emphasized that these statements should not be considered investment advice.
Overall, Hayes’s insights suggest that Dogecoin ETFs could be the next big thing in the cryptocurrency market, following the approval of Bitcoin and Ethereum ETFs by regulators. Investors are eagerly awaiting the potential approval of a Dogecoin ETF before the current bull market cycle ends.
