The co-founder of hedge fund SkyBridge Capital calls Bitcoin “digital gold”. In his opinion, the potential of cryptocurrency is obvious if you study it carefully.
Anthony Scaramucci says big investors such as Ray Dalio, Paul Tudor Jones and Stanley Druckenmiller have looked into the issue and have come to the conclusion that they need to have bitcoin in their portfolio. In order to understand the potential of cryptocurrency, he suggests reading the White Paper of the creator of Bitcoin.The investor himself calls Bitcoin “digital gold” and has already invested more than $ 1 billion in BTC last year.
“If in the last decade you had 1 cent in bitcoin and 99 cents in cash, you have surpassed everything. Think about it, ”the founder and managing partner of SkyBridge Capital said in an interview with CNBC.
This year, Scaramucci announced a partnership with the NAX platform to organize fundraising events. Subsequently, in September, SkyBridge Capital applied to register a cryptocurrency ETF and created a $ 250 million Algorand Fund. According to the filing, SkyBridge Capital wants to add a fund called First Trust SkyBridge Crypto Industry and Digital Economy ETF to the NYSE Arca listing.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
