In a recent discussion on the Bankless YouTube channel, Arthur Hayes, the founder of Maelstrom family office, disclosed that the portfolio allocation reflects a strong preference for leading cryptocurrencies. Specifically, approximately 60% of the fund is dedicated to Bitcoin, while Ethereum accounts for 20%. The remaining investment includes a diverse range of altcoins and tokens. Notably, the non-crypto assets are limited to physical gold, gold mining equities, and government bonds.
Hayes shared his forecast that Bitcoin could climb to the $150,000-$200,000 mark before summer’s end, followed by a likely correction, with a long-term outlook suggesting a peak at $250,000 by 2026. For Ethereum, reaching $5,000 by year-end would signify a bullish trend, potentially lifting market sentiments and paving the way for targets of $10,000-$20,000 in future cycles.
Moreover, Hayes emphasized the inevitability of an altcoin season, highlighting that not all projects will benefit. He cautioned against investing in overvalued assets with high fully diluted valuations and low circulating supply, as their potential for growth remains dubious. A continuous evolution of market narratives is expected, leading to new trends in decentralized exchanges (DEX).