TechFlow News — Anthony Scaramucci, founder and CEO of SkyBridge Capital, said the SEC's approval of the first spot Bitcoin ETF marks a significant moment for Bitcoin. He expects Bitcoin to reach an all-time high by the end of this year and set another record in the same period next year.
In an interview with CNBC, he revealed plans to purchase U.S. spot Bitcoin ETFs. He noted that while the SEC has not officially endorsed Bitcoin, its allowance of products offering exposure to retail investors effectively constitutes support.
It is reported that the hedge fund achieved its best annual performance on record in 2023 by gradually acquiring Bitcoin, Ethereum, and SOL.
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