Scaramucci was taught a lesson by the crypto market this quarter, with a 1.3 billion fund holding 64% of its position in digital assets, resulting in losses for two consecutive quarters—bull market faith also depends on position management.

According to Bloomberg, SkyBridge Capital's flagship fund, SkyBridge Opportunity Fund, under Anthony Scaramucci, has experienced losses for two consecutive quarters due to heavy holdings in cryptocurrencies. Disclosure data shows that the fund is approximately $1.3 billion in size, with about 64% of its holdings related to cryptocurrencies and digital assets (including digital asset hedge funds, Bitcoin investment products, and crypto-related private companies). The fund declined 12.9% in the first quarter of 2026, and although it managed a slight increase of 0.45% in March, this was not enough to offset the significant losses earlier in the quarter.