BitMEX co-founder Arthur Hayes is offering an update on the current holdings of his family office Maelstrom Fund. In a new interview on the Bankless YouTube channel, Hayes says the crypto portfolio of his family office is dominated by the two largest crypto assets by market cap. “Maelstrom [Fund] is about like 60% Bitcoin, 20% Ethereum. And then a lot of other shitcoins, term sheets of token deals and stuff. On my non-crypto stuff, it’s physical gold and gold miners. And treasury bills. That’s it.” Over the coming weeks, the BitMEX co-founder says Bitcoin ( BTC ) could appreciate by up to 138% from the current level before 2026. “I think we’re going to go on a run to like in the $150,000 to $200,000 range between now and sort of like maybe sometime in the summer. We will get some nasty correction and then I think we go to $250,000 on Bitcoin by the end of the year.” Bitcoin is trading at $105,070 at time of writing. On his price targets for Ethereum ( ETH ), Hayes says, “Ethereum… I think if we can get to $5,000 by the end of the year, I will probably be good. That will sort of reinvigorate people and maybe you know ETH gets to $10,000 or $20,000 by the end of the run. But I think that there’s a hard slog between here and $5,000 for ETH.” Ethereum is trading at $2,513 at time of writing. The BitMEX co-founder further says altcoins will also experience a bullish run. “There will be an alt season. It might not be the alts that you own. It might not be the overvalued venture capital high-FDV [fully diluted valuation] low-float piece of shitcoin with no clients coin that you own. But there will be new narratives, there always will be. There will be a new hot thing that everybody’s slinging on the decentralized exchanges.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Arthur Hayes Gives Portfolio Update, Says ‘Nasty Correction’ Could Be Approaching This Year for Crypto appeared first on The Daily Hodl .
