Key Takeaways
- Arthur Hayes believes Bitcoin will hit $250,000 by end of 2025 and Ethereum will surge to $10,000.
- Hayes asserts Ethereum is the “most underloved” major crypto asset today, but believes it is about to change.
- ETH-based investment vehicles saw a record $2.12 billion in inflows last week, and $6.2 billion over 13 weeks.
Arthur Hayes, the former BitMEX CEO and crypto commentator known for his provocative takes, has claimed Bitcoin will surge to $250,000 by the end of 2025, while Ethereum is set to shake the market up.
In a sweeping new blog post titled “Time Signature,” Hayes explained why he is so bullish on Ethereum and Bitcoin, and why he remains “fully invested” in the assets.
Arthur Hayes Predictions
Hayes’ 2025 crypto price outlook is out there to say the least.
The former BitMEX CEO believes Bitcoin will hit a quarter of a million, while Ethereum will hit $10,000.
According to Hayes, Bitcoin remains the ultimate leverage play on fiat debasement.
“Bitcoin’s fiat price is highly leveraged to credit growth,” he writes. “Credit growth doubled [since 2020], and Bitcoin increased 15 times in response.”
But Hayes believes the really explosive gains will come from Ethereum.
He calls it the most underloved of the major crypto assets in the current market and suggests it’s primed for a dramatic reversal.
“The coming Ether bull run is about to tear the market a new asshole,” Hayes wrote.
“No more; the Western institutional investor class, whose chief cheerleader is Tom Lee, loves Ether,” he said, noting notoriously bullish Wall Street analyst Lee.
Hayes Is Bullish On Ethereum
In Hayes’s view, Ether is now stepping into the spotlight as the financial backbone of decentralized finance.
Hayes wrote that he is “fully invested” through his fund, Maelstrom, with a particular focus on Ethereum-based DeFi tokens and ERC-20 “shitcoins.”
Over the past week, ETH investment vehicles alone attracted more than $2.12 billion, breaking its record for the largest single-week inflow.
Ethereum products have seen $6.2 billion in net inflows over the past 13 weeks, beating its total for all of 2024 just seven months into the year.
Hayes’ Wild Predictions
Hayes has made a name for himself through bombastic predictions about crypto, with much of the time being wrong.
According to an analysis of twenty past predictions by Protos, Hayes failed in sixteen and succeeded in just two.
However, Hayes claims his predictions are grounded in geopolitical and economical tides.
In May, the former BitMEX CEO told Forbes that it was inevitable Bitcoin would reach $1 million between now and 2028.
“The amount of money that will need to be printed just to maintain the current economic structure is staggering,” he told the publication.
“That’s what’s going to propel Bitcoin,” he added.
Hayes said it is less about crypto and more about “dismantling a system that no longer works and building something better.”
Kurt Robson is a London-based reporter at CCN, specialising in the fast-moving worlds of crypto and emerging technology. He began his career covering local news in Cornwall after graduating from Falmouth University with First Class Honours in Journalism. There, he cut his teeth on everything from council meetings to missing swans.
He quickly rose through the ranks to become a frontline journalist at several of the UK’s leading national newspapers. Over the years, he has interviewed musicians and celebrities, reported from courtrooms and crime scenes, and secured multiple front-page exclusives.
Following the upheaval of the COVID-19 pandemic, Kurt shifted his focus to technology journalism—just ahead of the AI boom. With a natural curiosity and a trained eye for emerging trends, he has found a new rhythm in reporting on innovation.
At CCN, Kurt's work focuses on the cutting edge of crypto, blockchain, AI, and the evolving digital world. Drawing on his background in people-first reporting and his deep interest in disruptive tech, Kurt delivers stories that are insightful, entertaining, and human-centric.
