Alternative asset manager SkyBridge Capital, led by founder Anthony Scaramucci, is preparing for choppy financial markets by leaning harder into macro trades. Speaking at the Reuters Global Markets Forum on the sidelines of the World Economic Forum in Davos, Scaramucci cited policy uncertainty under President Donald Trump as a key driver of market volatility. He noted the firm has benefited from this churn, stating, "Because of the volatility, the macro traders have done better."
This strategic shift is reflected in SkyBridge's portfolio composition. The firm's SkyBridge Opportunity Fund moved to a macro weighting of approximately 69% by September 30, 2025. This marks a significant change from its position as of March 31, 2025, when roughly 65% of the fund was allocated to cryptocurrency and digital assets.
Despite reducing its direct crypto exposure, Scaramucci reiterated his long-term bullish stance on Bitcoin. He addressed the token's sharp decline from its October 2025 all-time high of over $126,000, which was followed by a liquidation-heavy washout involving more than $19 billion in forced unwinds of leveraged positions. By mid-January 2026, Bitcoin was trading around $88,000, roughly 30% below its peak. "This is more of a timing issue than a direction issue. I don't think the fundamental story for Bitcoin has changed. If anything, you've seen a lot of consolidation," Scaramucci said.
He attributed part of the market's disappointment to overly optimistic regulatory expectations post-election, noting that while the GENIUS Act stablecoin framework became law in July 2025, broader market structure legislation (often called the Clarity Act) is still moving through the Senate, creating a slower timeline than many anticipated. "I'm cautiously optimistic. I think we'll have an OK year," Scaramucci stated regarding the near-term outlook.
Looking ahead, Scaramucci made a specific price prediction, forecasting Bitcoin will reach $150,000 by 2026. He bases this optimism on sustained institutional investment. "Remember, you have an embedded base of institutional investors and these (crypto) ETFs are constantly buying and net inflows are there," he explained, adding that a significant amount of Bitcoin supply from original investors has circulated out.
Separately, the Scaramucci family is also investing directly in the Bitcoin economy. Solari Capital, founded by Scaramucci's son AJ, led a $220 million funding round in July 2025 for American Bitcoin, a Trump-linked mining and treasury firm. The Scaramucci family has personally invested over $100 million in the company.
