Anthony Scaramucci Cheers JPMorgan’s New Bitcoin-Linked Offering, Says Market Is Missing Scale Of The ‘Huge’ Milestone

Anthony Scaramucci, the founder of SkyBridge Capital, highlighted on Wednesday the significance of JPMorgan Chase & Co.’s (NYSE:JPM) move to offer a Bitcoin (CRYPTO: BTC)-backed bond.

Scaramucci Cheers JPMorgan’s Move

In an X post, Scaramucci hailed it as a “huge” milestone and wondered why there hasn’t been much talk about it.

“I don’t think people are fully understanding how huge it is that JP Morgan is now offering a Bitcoin back Bond,” the Bitcoin bull said.

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JPMorgan’s New Bitcoin-Based Offering

This remark comes days after the banking giant filed to offer structured notes tracking the price of the iShares Bitcoin Trust ETF

Full story available on Benzinga.com