Anthony Scaramucci Welcomes Philippe Laffont’s Bitcoin Advocacy After Billionaire Hedge Fund Manager Says Apex Crypto Has Become ‘Central’ To Investment Portfolios
Anthony Scaramucci, founder and CEO of SkyBridge Capital, expressed his agreement Saturday with billionaire hedge fund manager Philippe Laffont‘s views that Bitcoin (CRYPTO: BTC) has become central to investment portfolios.
What Happened: Scaramucci posted on X a CNBC story about Laffont’s Bitcoin advocacy during the recent Coinbase’s State of Crypto Summit in New York City.
“Coatue’s Philippe Laffont is latest in long line of world’s best fund managers to understand Bitcoin is the greatest macro investment of a generation,” the Bitcoin bull said.
Laffont, founder of tech-focused hedge fund Coatue Management, predicted that the apex cryptocurrency would become a key part of portfolios in the years to come.
Bitcoin accounts for a small amount of the world’s net worth – about $2 trillion out of $500 trillion, he said. If one assumes Bitcoin will continue to grow and be seen as valuable by more people, then it “has to become more central” to …
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