Arthur Hayes, the former CEO of BitMEX, has made some interesting comments regarding Dogecoin (DOGE) and the possibility of a Dogecoin ETF. According to Hayes, regulators are likely to approve Dogecoin ETFs once they have approved Bitcoin and Ethereum ETFs. He believes that Dogecoin’s popularity and the interest of institutional investors in the cryptocurrency industry make it difficult to ignore.
In a recent interview with Jessica Walker and Real Vision CEO Raoul Pal, Hayes emphasized the significance of Dogecoin and other cryptocurrencies in the US elections. He mentioned that meme coins like DOGE have a long way to go and play a crucial role in the market. Additionally, Hayes pointed out that with the Federal Reserve and US Treasury printing more money, the cryptocurrency market is expected to become even more volatile and popular.
Both Hayes and Pal revealed that they have memecoins like Dogecoin (DOGE), BONK, and Dogwifhat (WIF) in their investment portfolios. They also expressed the expectation that Dogecoin will receive approval for a US ETF by the end of the current bull market cycle.
Hayes also made a prediction about Aptos (APT), suggesting that it could surpass Solana (SOL) in market cap ranking within the next 1 to 3 years. However, it’s important to note that this information is not intended as investment advice.
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