SkyBridge Capital founder Anthony Scaramucci plans to launch a new crypto fund
Anthony Scaramucci, founder and CEO of SkyBridge Capital, said that Bitcoin may break $170,000 in the middle and late next year. Regardless of the price on the halving day in April, it will reach four times the price within the next 18 months. Regarding the current decline in the price of Bitcoin, Scaramucci said that this is because Grayscale Bitcoin Trust (GBTC), a $26 billion investment trust company, is shifting to a new fund and it took 8 days to determine the impact of the new fund on the price. He added that this will take about 10 trading days. In addition, he announced that Skybridge plans to launch a new fund that combines cryptocurrency tokens and venture capital focused on digital assets.
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