Bridgewater Capital Founder: Sovereign Wealth Funds' Large-Scale Bitcoin Purchases Still Await Clear U.S. Legislation
According to Cointelegraph, Anthony Scaramucci, founder of SkyBridge Capital, stated in a recent podcast interview that although some sovereign wealth funds have marginally allocated Bitcoin, it is difficult to see large-scale capital inflows until the U.S. establishes clear digital asset regulatory frameworks. He noted that if the U.S. passes stablecoin regulatory legislation, allows traditional banks to custody Bitcoin, and makes progress in the tokenization of stocks and bonds, it could trigger a wave of significant Bitcoin purchases by sovereign wealth funds. Anthony Scaramucci emphasized that only when sovereign wealth funds view Bitcoin as part of the global financial infrastructure could Bitcoin prices potentially reach the million-dollar level.
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