SkyBridge bets on rising volatility, cautiously optimistic on bitcoin, Scaramucci says
DAVOS, Switzerland, Jan 20 : Alternative asset manager SkyBridge Capital is tilting further towards macro strategies as policy uncertainty under U.S. President Donald Trump’s administration fuels market swings, founder Anthony Scaramucci said in Davos, Switzerland. “Because of the volatility, the macro traders have done better,” Scaramucci told the Reuters Global Markets Forum on the sidelines of the World Economic Forum’s annual meeting. Scaramucci, a staunch crypto advocate whose firm has invested heavily in digital assets, believes bitcoin’s long-term story is intact despite a sharp pullback from last year’s record highs. “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,” he said. His U.S.-based firm’s September 2025 filings showed its SkyBridge Opportunity Fund, focused on alternative investment strategies, shifting to a heavy macro weighting of 69 per cent, from its March 2025 weighting of 65 per cent in cryptocurrency and digital assets. Bitcoin saw a tumultuous 2025, with the world’s largest cryptocurrency hitting an all-time high of …