Skybridge Capital's Anthony Scaramucci said Ethereum will be a 'store of value'.

Ethereum (ETH) will become a valuable asset, said Anthony Scaramucci, president of Skybridge Capital and former White House press secretary. In an interview with CNBC, Scaramucci says that as an institutional investor he mainly focuses on Bitcoin (BTC), but sees big things will happen for Ethereum in the future. “I think it's a huge market for Ethereum and I predict that Ethereum has good fundamentals and will grow, but I'm in a corporate business. I think like an institutionalist and I have to get my clients to think about cryptocurrency and digital assets. So at first I focused on Bitcoin and now we only have a Bitcoin fund. Continuing the idea of owning an Ethereum-focused fund, Scaramucci argues that the world's second largest cryptocurrency in terms of market capitalization could potentially become a store of value. Yes, we can definitely do it. Everything you say is true with tokens that cannot be exchanged, and the technology around Ethereum will turn it into a sticky cryptocurrency, a store of value, and something for people to trade. "What the billion dollar fund manager Bitcoin insists is trying to prepare its clients for a generational change in the financial world." For us, it is the biggest hunter of space and what I tell my customers is that the world is moving towards digitalization, whether you like it or not. When you think of the game, you think 4k, 8k will come. When you think of our kids, what they will think, they are very comfortable with Ethereum or Bitcoin transactions and I have to prepare my clients for it. So if they have 1%, 2% or 3% positions, I think they will see us as trustees and by this means they will think they are very well served. Don't Miss a Rhythm – Subscribe to receive crypto email alerts delivered straight to your inbox Follow us on Twitter, Facebook and Telegram Do Daily Hodl Mix Checkin Read more

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