Arthur Hayes, co-founder of BitMEX (CRYPTO:BMEX), predicts that Dogecoin (CRYPTO:DOGE) will receive ETF approval in the US following Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH), citing its popularity and ease of understanding for new crypto investors.

Hayes and Real Vision CEO Raoul Pal believe meme coins will thrive as the Federal Reserve and US Treasury increase money printing.

Both investors have diversified their portfolios with dog-themed coins like Dogecoin, BONK (CRYPTO:BONK), and WIF (CRYPTO:WIF), expecting institutional interest.

They also highlighted potential risks, particularly the dominance of centralised venues like Coinbase and banks that control major crypto assets, which could pose significant threats if hacked.