₿ Crypto

Arthur Hayes: Bitcoin to $1M by 2030, but Ethereum is top pick for 3x-5x gains

Arthur Hayes, former BitMEX CEO, expects Bitcoin to grind higher toward $1M by 2030, but names Ethereum his number one pick, calling for a 3x to 5x rally 'pretty quickly' as ETH leads near-term upside.

📅 September 2, 2026 🕐 1 min read

2 assets impacted (Crypto). Net bias: 2 Bullish, 0 Bearish, 0 Neutral. Strongest signal: ETH/USD ↑ 8/10 (75% confidence).

📊 Affected Assets (2)

ETH/USD

Bullish 🤖 75%

📅 Short-term 🌍 Global · Explicit

Arthur Hayes names Ethereum his number one pick, citing potential for a 3x to 5x increase 'pretty quickly.' This puts ETH ahead of BTC for near-term upside, driven by expected outperformance in the current cycle.

Catalysts

▲ Arthur Hayes names ETH top pick
▲ 3x-5x upside call

Risk Factors

▼ Ethereum underperforms Bitcoin
▼ Broader crypto selloff

▼ Show FAQ (2) ▲ Hide FAQ

What is Arthur Hayes' Ethereum price prediction?

He expects ETH to rise 3x to 5x 'pretty quickly,' making it his top pick.

Why does Hayes prefer Ethereum over Bitcoin?

He sees greater near-term upside in ETH, while Bitcoin is expected to grind higher more slowly.

BTC/USD

Bullish 🤖 70%

🗓️ Long-term 🌍 Global · Explicit

Arthur Hayes expects Bitcoin to grind higher and reach $1M by 2030, reinforcing a long-term bullish outlook. The former BitMEX CEO's comment suggests continued accumulation despite near-term volatility.

Catalysts

▲ Arthur Hayes $1M BTC by 2030 forecast
▲ Bitcoin 'grind higher' commentary

Risk Factors

▼ Failure to sustain upward grind
▼ Macro risk-off environment

▼ Show FAQ (2) ▲ Hide FAQ

What is Arthur Hayes' Bitcoin price target?

By 2030, Hayes sees Bitcoin reaching $1M, with a gradual grind higher from current levels.

Why does Hayes expect Bitcoin to grind higher?

He believes the macro backdrop supports continued appreciation, though he sees Ethereum offering faster gains.

🎯 Key Takeaways

Arthur Hayes expects Bitcoin to grind higher toward $1M by 2030.
Hayes names Ethereum his top pick, targeting a 3x-5x move 'pretty quickly.'
The former BitMEX CEO sees ETH outperforming BTC in the near term.
Both assets remain bullish in Hayes' long-term outlook.

📝 Executive Summary

Arthur Hayes says Bitcoin is going to grind higher from here, but Ethereum is his number one pick due to its potential to increase “3x to 5x pretty quickly.”

❓ FAQ

What is Arthur Hayes' Bitcoin price target?

Hayes expects Bitcoin to reach $1M by 2030, with a gradual grind higher from current levels.

Why does Arthur Hayes prefer Ethereum over Bitcoin?

He sees Ethereum as his number one pick with potential for a 3x to 5x increase 'pretty quickly,' while Bitcoin is expected to grind higher more slowly.

What does 'grind higher' mean in Hayes' context?

It implies a steady, gradual upward move rather than a sharp spike, reflecting a long-term bullish trend.

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