Arthur Hayes' Maelstrom Fund Takes 'Maximum Risk' on Altcoins for 2026 Bull Run

Arthur Hayes, co-founder of BitMEX, has positioned his investment fund Maelstrom at "almost maximum risk" with a strategic focus on altcoins for the 2025-2026 market cycle. The prominent crypto investor outlined his high-conviction thesis, anticipating a significant bull run driven by expansive global monetary and fiscal policies. Hayes' portfolio is heavily weighted towards alternative cryptocurrencies, moving beyond Bitcoin (BTC) and Ethereum (ETH) to capitalize on higher potential returns. This aggressive stance reflects a calculated bet on the altcoin market's outperformance as liquidity floods the crypto ecosystem. Analysts note that such a high-risk allocation from a major industry figure signals strong confidence in the upcoming cycle's altcoin season.