Arthur Hayes Is Bullish on Bitcoin and Ether Amid Rescue Expectations

Maelstrom co-founder Arthur Hayes said Oct. 15 he is bullish on Bitcoin (BTC) and Ether (ETH), preferring to trade around an expected multitrillion-dollar rescue instead of betting on AI-related assets' direction.

Hayes said he is unsure whether AI-linked assets will suffer a sharp downturn and does not want to wager on that outcome. He described an eventual bailout worth trillions of dollars as the trade theme he favors.

Hayes previously argued that financial pressure from AI data-center debt could prompt a government response, adding liquidity to the economy and benefiting crypto markets, a view he outlined in earlier comments on a potential AI debt rescue. Hayes pointed to Anthropic, OpenAI and xAI as major buyers of AI computing capacity, saying they could face costs tied to data centers constructed in anticipation of future demand.