Bitcoin’s Evolution and Solana’s Rise: Scaramucci Outlines Crypto Outlook

SkyBridge Capital’s Anthony Scaramucci is signaling a shift in crypto investing, describing Bitcoin as increasingly behaving like a standalone asset class and endorsing Solana as a top candidate for ETF growth.

In recent remarks, Scaramucci explained that SkyBridge’s CRPT ETF—launched before spot Bitcoin ETFs existed—offers exposure to crypto-adjacent public companies, providing a Bitcoin proxy for institutional investors still hesitant to hold crypto directly.

He believes the long-term narrative is changing. As Bitcoin adoption expands and wallet counts climb toward a billion, he expects volatility to ease and institutional participation to surge.

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That, he says, could elevate Bitcoin’s market cap well beyond its current levels—potentially rivaling gold if it’s accepted as an asset class rather than just an investment vehicle.

Scaramucci also emphasized the urgency of passing stablecoin legislation in the U.S., citing the influence of major issuers like Tether, which holds significant amounts of U.S. government debt. Regulatory clarity, he argued, is critical for market growth and national financial stability.

On the altcoin front, Scaramucci pointed to Solana as the most promising blockchain project for ETF exposure, citing its staking rewards and scalability. SkyBridge has backed the SolQ ETF and is watching projects like Avalanche and Polkadot for future potential, though Solana currently leads in utility and investor interest.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.