Why Anthony Scaramucci Is Playing the Crypto Long Game
About this episode
Anthony Scaramucci discusses his long-term belief in crypto amidst market volatility and the role of regulation in its future.
Crypto has had a volatile start to 2026. After reaching an all-time high above $120,000 in late 2025, Bitcoin has pulled back significantly and is now trading in the mid-$60,000 range — a drawdown of roughly 40–50% — amid macro uncertainty and shifting institutional sentiment. But Anthony Scaramucci, founder and managing partner of SkyBridge Capital, isn’t backing down. In this episode, Scaramucci explains why he became an early believer in crypto, what drew him to the asset class before it went mainstream, and why short-term volatility hasn’t changed his long-term view. He shares how he thinks about crypto as an emerging technology — and why periods like this are part of the cycle. Scaramucci also discusses the role of regulation in shaping crypto’s future, and how it could influence broader adoption within modern finance. For more, read Liz’s column every Thursday at On The Money by SoFi, and follow Liz on Twitter @LizThomasStrat. Additional resources: On The Money: Sign up for SoFi's newsletter for intel, insights, and inspo to help you get your money right. Investing 101…
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