SkyBridge Rebalances amid Crypto Market Volatility

SkyBridge changes strategy as the policy uncertainty recalibrates the dynamics of crypto and virtual money markets.

SkyBridge Capital is changing its investment approach because the increased policy uncertainty in the US is creating volatility in the global markets, according to founder Anthony Scaramucci. In an interview at the Reuters Global Markets Forum during the World Economic Forum in Davos, Scaramucci told Bloomberg that the company has been taking more positions in macro-based trades as the markets of rates, currencies, and crypto and virtual money assets have sharply swung.

According to filings, SkyBridge Opportunity Fund had its macro exposure at approximately 69 percent as of September 30, 2025, compared to an exposure of approximately 65 percent to cryptocurrency and digital assets in the previous months of the year. Even though that situation has changed, Scaramucci retained a positive long-term view on Bitcoin, claiming that recent decreases are merely a matter of timing and not an overturn of the crypto and virtual money markets.

In October 2025, Bitcoin periodically passed over 126,000 and fell suddenly amid over 19 billion in leveraged position liquidations. The pullback, which had roughly a 30 percent drop on the records, put a strain on investor confidence as the regulatory advance in Washington was not as fast as it was supposed to be.

Although the GENIUS Act had introduced a stablecoin system by mid-2025, more structural changes to the market are being considered by the Senate. This lag has led SkyBridge to take a risk-averse short-term approach, though it still maintains selective investment in the crypto and virtual money space, including heavy investment in Bitcoin mining and treasury projects.