Arthur Hayes: Maelstrom will invest 5% of its funds in USDe, maintaining a large long position in cryptocurrency
Maelstrom's Chief Investment Officer and BitMEX co-founder Arthur Hayes is hedging uncertainty with Ethena Lab's USDe stablecoin, while maintaining a large bullish bet on Bitcoin, Ethereum, and other cryptocurrencies. "Considering the uncertainty, Maelstrom has invested 5% of its funds in pledged USDe, yielding about 13%. We maintain a large long position in Bitcoin, Ethereum and other tokens."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ensurge Micropower grants CFO 7.5 million incentive subscription rights at NOK 0.65 per share
BHP's BMA Hits 100% Renewable Power Coverage Milestone for Forecast Demand
Sweden’s Companies Registration Office appoints special examiner for Fastator
Crypto prices
More
