$3,500,000,000 Hedge Fund Doubles Down on Bitcoin (BTC), Ethereum (ETH) and Algorand (ALGO): Report

SkyBridge Capital founder Anthony Scaramucci is reportedly devoting nearly half of his firm’s $3.5 billion worth of assets under management to Bitcoin (BTC), Ethereum (ETH), Algorand (ALGO) and crypto-related stocks. Scaramucci says in a new interview with Bloomberg that SkyBridge Capital has “adapted and repositioned” during the pandemic, noting that the firm hopes to eventually […] The post $3,500,000,000 Hedge Fund Doubles Down on Bitcoin (BTC), Ethereum (ETH) and Algorand (ALGO): Report appeared first on The Daily Hodl.