NEW: Arthur Hayes Expects $ETH to Beat $BTC Over the Next Two Years The call is relative performance, not a Bitcoin dump. According to recent comments from the BitMEX co-founder, Ethereum is Maelstrom’s largest directional bet and he expects it to outperform Bitcoin over the next couple of years. He has also said ETH is the only major coin that has not taken out its 2021 high, which is part of why he likes the setup. Key Details: Hayes: ETH “will significantly outperform Bitcoin over the next few years.” He still describes the Bitcoin holding as structural. The outperformance call is about ETH catching up, not abandoning BTC. Separate notes this month have included a $10,000 Ether target by end-2026. ETH remains below its 2021 peak; Bitcoin is also below its own cycle high, but ETH’s relative lag is the trade. This is a liquidity-and-catch-up argument. If Bitcoin holds $80,000 and risk rotates, ETH can move more in percentage terms because it is further from its old high. If Bitcoin fails $80,000, that relative bet usually gets hit first on the way down. Hayes: $ETH to Outperform $BTC Over the Next Two Years Do you buy the ETH/BTC catch-up trade from here, or do you stay in Bitcoin until dominance stops falling? #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #Altcoin Season#