EXCLUSIVE: Anthony Scaramucci Says Bitcoin Could Hit $150K To $250K On BTC ETF Launch
Portfolio Pulse from Chris Katje
Anthony Scaramucci, founder of SkyBridge Capital, believes Bitcoin could reach $150K to $250K with the launch of Bitcoin ETFs. He has invested hundreds of millions in the cryptocurrency space, including Bitcoin holdings on SkyBridge and his personal balance sheet. Scaramucci also partnered with FirstTrust to launch the FirstTrust SkyBridge Crypto Industry and Digital Economy ETF (NYSE:CRPT) in 2021. The ETF includes companies linked to digital assets, such as MicroStrategy Inc (NYSE:MSTR), Coinbase Global (NASDAQ:COIN), Riot Platforms (NASDAQ:RIOT), Marathon Digital Holdings (NASDAQ:MARA), and Galaxy Digital Holdings (OTC:BRPHF).
October 12, 2023 | 8:25 pm
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POSITIVE IMPACT
Coinbase Global, another top holding in the FirstTrust SkyBridge Crypto Industry and Digital Economy ETF, could also benefit from Scaramucci's bullish stance on Bitcoin.
As a top holding in the FirstTrust SkyBridge Crypto Industry and Digital Economy ETF, Coinbase Global could see increased investor interest and potentially a rise in its stock price due to Scaramucci's bullish stance on Bitcoin.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Scaramucci's bullish stance on Bitcoin and his investment in the cryptocurrency space could boost investor confidence in the FirstTrust SkyBridge Crypto Industry and Digital Economy ETF.
Scaramucci's bullish stance on Bitcoin and his significant investment in the cryptocurrency space could attract more investors to the FirstTrust SkyBridge Crypto Industry and Digital Economy ETF, potentially driving its price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
MicroStrategy, as a top holding in the FirstTrust SkyBridge Crypto Industry and Digital Economy ETF, could benefit from Scaramucci's bullish stance on Bitcoin.
As a top holding in the FirstTrust SkyBridge Crypto Industry and Digital Economy ETF, MicroStrategy could see increased investor interest and potentially a rise in its stock price due to Scaramucci's bullish stance on Bitcoin.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80