BitMEX co-founder Arthur Hayes reiterated his $250,000 Bitcoin (CRYPTO: BTC) target for 2026 and projected $500,000 to $750,000 by end of 2027, arguing the Trump administration will “print money.”
The $250,000 Call Stands
Hayes told a CoinDesk reporter he’s sticking with his call as governments facing unhappy populations will distribute benefits to secure votes in upcoming elections.
Hayes also previously argued that prolonged U.S.-Iran conflict could force the Federal Reserve to “print more money,” ultimately driving Bitcoin higher.
He pointed to the Fed’s pattern of monetary easing after U.S. military campaigns in the Middle East, from the 1990 Gulf War to the 2001 Global War on Terror.
The Institutional Buying Signal
U.S. spot Bitcoin ETFs recorded $458.2 million in net inflows Monday according to SoSoValue as institutions bought into Bitcoin’s recent correction.
BlackRock’s IBIT (NASDAQ:IBIT) led with $263.2 million, while seven other funds including Fidelity (NASDAQ:FBTC) and Grayscale (NASDAQ:GBTC) also recorded inflows. No funds posted outflows.
The divergence between institutional buying and retail fear suggests smart money is accumulating while retail capitulates.
The Political Cover Argument
Hayes argued the Iran conflict provides the Fed with justification to increase money supply to finance the war.
Historical patterns support this view—previous Middle East conflicts triggered monetary easing from the Fed.
Hayes believes the current situation creates similar justification for expanding the money supply.
The political calendar reinforces this dynamic.
With midterm elections approaching, the administration faces pressure to demonstrate economic management while funding military operations.
This combination creates conditions favorable to monetary expansion.
Image: Shutterstock
