Scaramucci: Bitcoin Growth Still in Early Innings as Demand Rises and Supply Tightens
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Anthony Scaramucci predicts promising growth for Bitcoin, citing increasing demand and decreasing supply.
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Scaramucci highlights the role of Bitcoin spot ETFs in overcoming regulatory barriers and bringing in new investments.
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He compares the rapid inflow into Bitcoin ETFs ($10B in Q1) to the slower adoption of gold ETFs.
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With the upcoming Bitcoin halving reducing daily coin production, Scaramucci challenges the notion that markets have priced in the ETF and halving effects.
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Scaramucci believes Bitcoin has "a lot more to go", with its value not yet reflecting the full impact of these catalysts.