Scaramucci Predicts Bitcoin Could Surge to $150K-$250K if Major Funds Flow Into New Bitcoin ETFs
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Anthony Scaramucci believes Bitcoin will have long-term value and could reach $150K-$250K if Bitcoin ETFs attract major investments.
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Scaramucci has invested hundreds of millions in crypto and sees Bitcoin as a hedge against inflation.
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Scaramucci partnered on the FirstTrust SkyBridge crypto ETF, which holds MicroStrategy, Coinbase, Riot Blockchain, Marathon Digital, and Galaxy Digital.
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Scaramucci compares potential Bitcoin price surge from ETF inflows to the rise in gold prices after the GLD ETF launch.
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If Bitcoin ETFs attract $100B, Scaramucci believes Bitcoin could hit $150K-$250K, a 5-8x increase from current levels.