Arthur Hayes, Chief Investment Officer at Maelstrom Fund, gave details of his investment portfolio on Sunday, including two cryptocurrencies showing starkly different year-to-date performances.

Hayes Spotlights Crypto Selections

Hayes revealed his cryptocurrency holdings in an X post, including Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), along with privacy-focused coin Zcash (CRYPTO: ZEC) and decentralized exchange token, Hyperliquid (CRYPTO: HYPE).

ZEC And HYPE: A Story Of Contrasts In 2026

Notably, ZEC and HYPE have diverged sharply in 2026. While ZEC has plunged up to 55% year-to-date in 2026, HYPE has surged 11% over the same period.

It’s worth mentioning that ZEC was one of the market’s biggest gainers in 2025, returning over 550% amid widespread corrections in leading cryptocurrencies.

Hayes had earlier described ZEC as “Bitcoin with complete privacy” and predicted that the token would rally to $10,000.

However, it has been rocked hard this year,  like most other tokens amid rising bearish sentiment.

Cryptocurrency YTD Gains +/- 1-Year Gains +/- Price (Recorded at 3:40 a.m. ET)
ZEC -55.40% +556% $234.12
HYPE                +11.56% +13.36% $26.99

HYPE, on the other hand, had bucked the broader market downturn. The token has rallied 13% this year, boosted by growing institutional interest.

Hyperliquid Strategies (NASDAQ:PURR) is actively buying, while Nasdaq-listed Hyperion DeFi Inc (NASDAQ:HYPD), the first U.S. public firm curating a strategic HYPE reserve, holds more than 1 million HYPE tokens.

The Hyperliquida platform also controls a significant chunk of all tokenized asset perpetual trading volume, putting it well ahead of Binance (CRYPTO: BNB) and other rivals.

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