Founder of Tianqiao Capital: Investors should firmly hold Bitcoin

Anthony Scaramucci, the founder of SkyBridge Capital, gave some advice on Bitcoin investment at the Bitcoin Investor Day conference last Friday. Scaramucci said that when holding Bitcoin, one should behave as if they were dead and not sell it. Don't do anything with it.

In an interview with Yahoo Finance live, Scaramucci reiterated the huge demand for Bitcoin driven by the spot Bitcoin ETF. He said that institutions feel comfortable buying ETFs approved by the SEC. And the halving event is coming soon. If demand increases rapidly, the price will rise sharply.