- Scaramucci predicts Bitcoin could hit $200K in 2025, citing institutional inflows and ETF market maturity.
- SEC’s delayed spot Bitcoin ETF approval caused price stagnation, but institutional adoption may accelerate 2025 rebound.
Anthony Scaramucci, founder of Skybridge Capital, recently told CNBC that 2025 could be a “very good year” for Bitcoin, citing growing institutional interest and market maturation. His remarks follow years of fluctuating sentiment toward the cryptocurrency, which currently trades at $97,252, according to ETHNews data.
Scaramucci attributes Bitcoin’s delayed ascent to regulatory setbacks. He noted that a spot Bitcoin ETF was expected in early 2022, a move he believes would have propelled prices to current levels earlier. “All of that delay caused a lot of price damage” he stated. The U.S. Securities and Exchange Commission’s slow approval process has long been criticized for stifling market momentum.
Now, Scaramucci questions whether institutions will drive the next surge.
“I think you see some endowments starting to do that. We know some Middle Eastern sovereign wealth funds are quietly entering the market,” he said.
This institutional activity contrasts with retail-driven speculation, which he links to meme coins. Scaramucci compared these tokens to the 17th-century Dutch Tulip Bubble, warning that their volatility risks spilling over to Bitcoin.
“People think, ‘Maybe Bitcoin is just a big meme coin,’” he added.
Previously in ETHNews, Scaramucci predicted Bitcoin could hit $200,000 in 2025, though he acknowledged past inaccuracies. In 2022, he projected a $175,000 price after Bitcoin’s supply reduction event, a forecast that did not materialize.
Despite this, he emphasized the asset’s resilience, recalling how his Bitcoin stance has oscillated between “genius and dummy” over five years.
