The well-known American investor Anthony Scaramucci, founder of SkyBridge Capital, revealed optimistic predictions for the trajectory of Bitcoin, pointing to the possibility of it reaching a range between $180,000 and $200,000 by the end of 2025.
Scaramucci stated during his participation in a blockchain conference in Wyoming that the market is witnessing a notable structural shift, with increasing participation from institutional investors at the expense of the dominance of individuals and traditional market whales.
He added that the daily supply of Bitcoin, amounting to only about 450 coins, is no longer able to meet the growing demand, especially after the launch of exchange-traded funds (ETFs) such as the IBIT ETF from BlackRock. He sees that these funds represent a preferred tool for major banks like JPMorgan due to the compliance, transparency, and ease of access they provide.
He explained that the entry of institutions through these channels will lead to a gradual redistribution of ownership, where the share of major holders shrinks in favor of investment funds, contributing to enhancing market stability and maturity.
On another note, Scaramucci expressed confidence in stablecoins, citing the Bermuda experience that allows tourists to pay directly through their phones, considering it a model for the future of fast and low-cost payments compared to the traditional banking system.
As for the digital currencies issued by central banks (CBDCs), he has taken a cautious stance, considering them more as regulatory tools than as financial innovations, and he confirmed his support for private stablecoins backed by the dollar.
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