According to Cointelegraph, Anthony Scaramucci, founder of SkyBridge Capital, stated in a recent podcast interview that although some sovereign wealth funds have marginally allocated Bitcoin, it is difficult to see large-scale capital inflows until the U.S. establishes clear digital asset regulatory frameworks. He noted that if the U.S. passes stablecoin regulatory legislation, allows traditional banks to custody Bitcoin, and makes progress in the tokenization of stocks and bonds, it could trigger a wave of significant Bitcoin purchases by sovereign wealth funds. Anthony Scaramucci emphasized that only when sovereign wealth funds view Bitcoin as part of the global financial infrastructure could Bitcoin prices potentially reach the million-dollar level.
Bridgewater Capital Founder: Sovereign Wealth Funds' Large-Scale Bitcoin Purchases Still Await Clear U.S. Legislation
PANews2025/05/10 15:11
Show original
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Bitwise CEO concludes survey on market crash response measures, with over 43% choosing "buy"
Chaincatcher•2025/11/23 11:52
A whale deposited 2 million USDC into HyperLiquid to open a 2x leveraged ETH long position.
Chaincatcher•2025/11/23 11:38
Bitcoin market capitalization rebounds to surpass $1.7 trillion, rising to 8th place among global assets
Chaincatcher•2025/11/23 09:58
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$86,540.97
+3.39%
Ethereum
ETH
$2,834.67
+4.37%
Tether USDt
USDT
$0.9995
-0.01%
XRP
XRP
$2.04
+7.44%
BNB
BNB
$847.38
+3.26%
USDC
USDC
$0.9998
+0.01%
Solana
SOL
$130.95
+4.26%
TRON
TRX
$0.2753
+0.46%
Dogecoin
DOGE
$0.1446
+5.62%
Cardano
ADA
$0.4131
+3.98%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now