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Produced by Daniel Aharonoff & Mogul Media AI

Ethereum $5,000? Arthur Hayes Bets on Robinhood Effect

Ethereum to $5,000: Why Arthur Hayes Says Robinhood Just Changed the Game Co-produced by Daniel Aharonoff and DigitalDan As the chief editor of ethdan.me, I've seen my share of bold crypto predictions. Most of them fade by the next news cycle. But every once in a while, a call lands with enough weight behind it that you have to stop and pay attention. That's exactly what happened this weekend in Seoul. Arthur Hayes — the BitMEX co-founder and one of crypto's most closely watched macro minds — just put a number on Ethereum's future: $5,000 within roughly a year . And his reasoning has nothing to do with charts, memecoins, or hype cycles. It has everything to do with Robinhood. What's the big deal? Let me break it down, because this one actually matters. The Prediction Shaking Up Crypto Today Speaking on September 28 at EastPoint: Seoul 2026, Hayes — now chief investment officer at Maelstrom — argued that Ethereum could nearly double from its current price of ar...
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Produced by Daniel Aharonoff & Mogul Media AI

South Korea's Financial Regulator Maintains Ban on Cryptocurrency ETFs

South Korea's financial regulator has made it clear that the ban on cryptocurrency exchange traded funds (ETFs) by financial institutions will remain in place. This decision comes despite the recent approval of spot Bitcoin ETFs in the United States, as the country's capital markets act strictly limits investment contract securities to traditional financial instruments, currencies, and ordinary commodities, excluding cryptocurrencies.

Key Points:

  • South Korea's financial regulator maintains ban on cryptocurrency ETFs
  • Recent approval of spot Bitcoin ETFs in the US does not prompt reconsideration of ban
  • Capital markets act restricts investment contract securities to traditional assets, excluding cryptocurrencies

The stance taken by South Korea's financial regulator underscores the cautious approach that many regulators around the world are adopting when it comes to the integration of cryptocurrencies into the traditional financial system. The decision to uphold the ban on cryptocurrency ETFs aligns with the regulator's commitment to protecting investors and maintaining the integrity of the country's capital markets.

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