[Is Dogecoin ETF next? Celebrity announces his altcoin portfolio! 】
Former BitMEX CEO Arthur Hayes has recently made some remarks and predictions that have attracted investors’ attention. He mentioned that institutional investors cannot ignore Dogecoin (DOGE) due to its popularity. Hayes believes that once regulators approve ETFs for Bitcoin (BTC) and Ethereum (ETH), it is inevitable that they will also approve a Dogecoin ETF.
In an interview with Jessica Walker alongside Real Vision CEO Raoul Pal, Hayes said that Dogecoin and cryptocurrencies play a key role in U.S. elections and that meme coins like DOGE still have a long way to go. He pointed out that the Federal Reserve (FED) and the U.S. Treasury Department will print more and more currency, which will make the cryptocurrency market even more crazy and popular.
Raoul Pal and Hayes believe that investors expect Dogecoin to receive U.S. ETF approval before the end of this bull cycle. Hayes had this to say about the DOGE ETF: “Dogecoin is the oldest meme coin on Robinhood. If you’re looking at traditional finance coming into the crypto industry, they’re putting ETFs on everything they can, which is a high market cap s things."
Hayes and Pal said their portfolio includes meme coins like Dogecoin (DOGE), BONK and Dogwifhat (WIF). Additionally, Arthur Hayes recently predicted that Aptos (APT), the 27th largest cryptocurrency by market capitalization, will overtake Solana (SOL) within the next 1 to 3 years.
