BitMEX co-founder Arthur Hayes has made daring strikes into decentralized finance (DeFi) tokens, signaling a transparent rotation from Ethereum into protocols he believes are poised for a 2026 restoration.<\/strong><\/p>\n On-chain information exhibits Hayes deployed over $3.4 million in 4 DeFi belongings: $1.97 million in ENA, $735,330 in ETHFI, $515,360 in PENDLE, and $259,960 in LDO.<\/p>\n Sponsored<\/small><\/p>\n Sponsored<\/small><\/p>\n The accumulation comes as these tokens commerce considerably under their all-time highs, reflecting a broader downturn in the DeFi sector.<\/p>\n Lookonchain stories that Hayes transformed one other $5.5 million in Ethereum right into a basket of DeFi protocols, together with:<\/p>\n The largest share of his allocation, over 50%, is concentrated in PENDLE, a yield tokenization protocol.<\/p>\n Arthur Hayes has been steadily accumulating these belongings throughout worth dips, indicating a perception in their long-term worth. Ted Pillows, a crypto analyst, has confirmed the latest withdrawals.<\/p>\n \u201cArthur Hayes continues to buy DeFi tokens. Today, he has withdrawn $1,969,780 in ENA, $735,330 in ETHFI, $515,360 in PENDLE, and $259,960 in LDO,\u201d wrote<\/a> Ted.<\/p>\n<\/blockquote>\n Sponsored<\/small><\/p>\n Sponsored<\/small><\/p>\n This constant accumulation displays a portfolio technique grounded in basic worth somewhat than short-term hypothesis.<\/p>\n Each token in Hayes\u2019 new allocation is tied to a particular development narrative.<\/p>\n ENA may gain advantage from Bitwise\u2019s latest ETF filing<\/a>, which incorporates 11 cryptocurrencies, probably opening the door for institutional inflows.<\/p>\n Bitwise filed 11 cryptocurrency ETFs!<\/p>\n Bitwise AAVE Strategy ETF \u2014 ETF Hearsay by Henry Jim (@ETFhearsay) December 30, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n Sponsored<\/small><\/p>\n Sponsored<\/small><\/p>\n Pendle has demonstrated robust income technology regardless of low token costs, delivering constant quarterly money circulate to token holders.<\/p>\n \u201cThe income statements show cash flow still flowing, and accelerating in the places that matter. For Pendle, 2025 follows a clear cycle. Revenue came in at $12.88 million in Q1, $7.52 million in Q2, $16.17 million in Q3, and $8.02 million in Q4,\u201d wrote<\/a> market analyst Neo Nguyen.<\/p>\n<\/blockquote>\n Ether.fi (ETHFI) is seeing file income via its Neobank pivot<\/a>, with month-to-month card fee volumes nearing $50 million.<\/p>\n Protocol buybacks, at the moment between $500,000 and $1.5 million weekly, are set to mix with lowered token emissions in 2026, addressing ongoing promote strain.<\/p>\n Sponsored<\/small><\/p>\n Sponsored<\/small><\/p>\n Lido\u2019s LDO publicity presents entry to Ethereum staking<\/a>, with the protocol controlling practically 25% of staked ETH. This is greater than double that of main rivals.<\/p>\n Additionally, Ether.fi\u2019s treasury reserves and main market share place it to capitalize on rising demand for staking yields.<\/p>\n While Hayes\u2019 strikes spotlight confidence in a DeFi rebound, the market stays subdued. Regulatory approvals for ETFs, token emission schedules, and competitors in staking might all affect efficiency.<\/p>\n Concentration danger is notable, as greater than 60% of his portfolio rests on a sector nonetheless rising from a downturn.<\/p>\n Still, Hayes\u2019 methodical accumulation throughout low-price durations suggests a long-term technique. By rotating out of Ethereum<\/a> and specializing in DeFi protocols with income, market share, and institutional catalysts, Hayes seems to be positioning for a possible sector resurgence in 2026.<\/p>\n<\/div>\nWhich Tokens Is Arthur Hayes Accumulating for 2026?<\/h2>\n
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Catalysts Behind Arthur Hayes\u2019 Bets Range from ETF Prospects to Strong Revenues<\/h2>\n
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Bitwise UNI Strategy ETF
Bitwise ZEC Strategy ETF
Bitwise CC Strategy ETF
Bitwise ENA Strategy ETF
Bitwise Hyperliquid Strategy ETF
Bitwise NEAR Strategy ETF
Bitwise STRK Strategy ETF
Bitwise SUI Strategy ETF\u2026 pic.twitter.com\/waVGIZfD8K<\/a><\/p>\n\n