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Skybridge Capital CIO: Bitcoin is Likely to Rally Even as the Federal Reserve Moves to Taper Asset Purchases

Amy Liu

Summary: SkyBridge Capital's chief investment officer and senior portfolio manager Troy Gayeski said that gold and bitcoin are likely to rally even as the Federal Reserve moves to taper asset purchases, according to Bloomberg. In addition, Gayeski predicts that SEC will approve the company's Bitcoin ETF in the fourth quarter of 2021 or the first quarter ...

SkyBridge Capital's chief investment officer and senior portfolio manager Troy Gayeski said that gold and bitcoin are likely to rally even as the Federal Reserve moves to taper asset purchases, according to Bloomberg.

In addition, Gayeski predicts that SEC will approve the company's Bitcoin ETF in the fourth quarter of 2021 or the first quarter of next year. According to previous news, Skybridge Capital has submitted a Bitcoin ETF in mid-March this year. Gayeski said that gold will soar to new highs next year, but as global debt swells, investors looking for currency alternatives should turn their attention to Bitcoin.

By Amy Liu

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Link: Skybridge Capital CIO: Bitcoin is Likely to Rally Even as the Federal Reserve Moves to Taper Asset Purchases   [Copy]
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