According to Odaily, Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, has shared his views on the institutional adoption of Bitcoin in an interview with CNBC. He emphasized that large institutions are increasingly adopting Bitcoin (BTC).
Scaramucci stated that not being bullish on Bitcoin could be interpreted as being bearish on it. He explained that if one believes that Bitcoin will become a part of the long-term tactical asset allocation strategy for institutional investors, then at some point, one must be bullish on Bitcoin. He added that many smart institutions are saying, 'Let me be bullish before it becomes part of the overall tactical asset allocation index.' He believes that this is already happening, which is very beneficial for Bitcoin.
Furthermore, Scaramucci stressed the value of early Bitcoin adoption. He believes that we are still in the early stages of Bitcoin.