Anthony Scaramucci Forecasts Bitcoin to Reach $180,000 to $200,000 by End of 2025 Amid Institutional Adoption and Supply and Demand Dynamics.

Anthony Scaramucci, founder of SkyBridge Capital, forecasts Bitcoin to reach between $180,000 and $200,000 by the end of 2025, citing supply-and-demand dynamics and soaring institutional adoption. He expects much of the institutional investment to go into ETFs rather than corporate Bitcoin investment vehicles. Scaramucci previously disclosed that he was the first external investor in BlackRock's iShares Bitcoin Trust and called it the "purest link to Bitcoin."

Anthony Scaramucci, founder and managing partner of SkyBridge Capital, has predicted that Bitcoin could reach between $180,000 and $200,000 by the end of 2025. In an interview at the Wyoming Blockchain Symposium, Scaramucci cited supply-and-demand dynamics and the growing institutional interest in Bitcoin as key drivers behind this forecast [1].

Scaramucci argued that the demand for Bitcoin significantly outstrips its supply, with only 450 new Bitcoins being created daily by the network. He also pointed to the increased institutional adoption of Bitcoin over the past year, highlighting the launch of ETFs by firms such as BlackRock and the growing participation of institutional investors in the Bitcoin market [1].

Scaramucci expects that much of the institutional investment in Bitcoin will likely go into ETFs rather than corporate Bitcoin investment vehicles like Strategy (formerly MicroStrategy), which has built up one of the world's largest Bitcoin treasuries. He has previously criticized companies that adopt this strategy of issuing debt to buy Bitcoin for their corporate reserves [1].

Scaramucci is not alone in issuing bullish end-of-year predictions. Earlier this week, institutional investor VanEck made a comparable prediction of Bitcoin hitting $180,000 by year-end [1].

In addition to his Bitcoin prediction, Scaramucci expressed a bullish view about stablecoins, predicting they will bring a wave of technological innovation by allowing users to avoid credit card fees and other third-party fees. However, he was less optimistic about the prospects of Central Bank Digital Currencies (CBDCs), stating that they would be "too intrusive" from a privacy perspective and preferring dollar-based stablecoins [1].

Scaramucci's predictions come as Bitcoin's price has been volatile in recent weeks, with a roughly 6% pullback this week [1].

References:
[1] https://decrypt.co/335977/anthony-scaramucci-cautiously-predicts-bitcoin-at-180k-by-end-of-2025
[2] https://finance.yahoo.com/news/anthony-scaramucci-cautiously-predicts-bitcoin-104515348.html
[3] https://en.coinotag.com/skybridge-could-tokenize-300m-fund-on-avalanche-via-erc-3643-for-compliant-issuance-apex-group-to-support/