Anthony Scaramucci asserts that substantial allocations from Sovereign Wealth Funds (SWFs) in Bitcoin await clearer U.S. Regulations. Currently, SWF purchases are minimal, primarily occurring on a small scale.
Scaramucci predicts that if stablecoin regulations progress, large-scale buying of Bitcoin could occur, leading to a potential valuation of one million USD for Bitcoin, as SWFs integrate it into their portfolios.
Norway’s SWF manages approximately 1.73 trillion USD, while China holds around 1.33 trillion USD. These large funds could significantly influence Bitcoin’s market as they navigate regulatory changes.
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