$XRP

Sovereign funds are already gaining exposure to Bitcoin, but significant allocations will not happen until the United States establishes clearer regulations for the digital asset industry, says SkyBridge founder Anthony Scaramucci.

"I think they are buying it, I think they are buying it on the margin," said Scaramucci, former White House communications director during the first term of U.S. President Donald Trump, on Anthony Pompliano's podcast on May 8.