Anthony Scaramucci, founder of Skybridge Capital, said that institutions have begun to adopt Bitcoin in an all-round way and will accelerate rapidly in the next few quarters. Major financial institutions and pension funds are becoming more and more accepting of Bitcoin.
Wisconsin recently announced that it would invest in Bitcoin, which is just the beginning, and other pension funds may follow suit. Scaramucci believes that the growing interest of institutions in Bitcoin is mainly due to the approval of regulators, which solves a key obstacle for large institutional investors.
As supervision is gradually improved, institutional funds are pouring into the Bitcoin market at an accelerated pace. In the future, we may see more similar major moves to bring new growth momentum to the Bitcoin market.
