Founder of SkyBridge Capital: SOL market capitalization will surpass ETH

GateUser-6433627c · 2025-06-19T15:06:17+00:00

Anthony Scaramucci, the founder of SkyBridge Capital, stated that he believes Solana's market capitalization will surpass Ethereum and revealed that the company holds a significant amount of Bitcoin and Solana. He has a neutral view on Ethereum, but a deeper understanding of Solana. Approximately 40% of SkyBridge's client funds are invested in digital assets.

GateUser-6433627c

2025-06-19 15:06:17

Abstract generation in progress

On June 19, Decrypt reported that Anthony Scaramucci, founder of SkyBridge Capital, said, “I think SOL will surpass ETH in market cap,” while admitting that “I don’t really have a particular opinion on ETH.” He added, “I was a late entrant and first invested in crypto in 2020,” explaining that he “didn’t really start looking at Ethereum” and “not that I had a negative view of Ethereum, but that I understood the Solana story a little bit better.” Scaramucci revealed that SkyBridge holds “hundreds of millions of dollars in Bitcoin and SOL” on its corporate balance sheet, and that “about 40% of our client funds are invested in digital assets,” including Multicoin Capital and Brevan Howard Digital. He also mentioned that there is a fund within a fund that includes a number of digital asset funds, “We have about $300 million in so-called ‘token funds’ under management, which includes Solana, Avalanche, Polkadot and a lot of Bitcoin.”

SOL-0,34%

ETH0,02%

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