The famous billionaire said 'buy Bitcoin', the giant bank invested the money in BTC!

Billionaire investor and SkyBridge Capital founder Anthony Scaramucci once again drew attention to Bitcoin (BTC). Scaramucci noted that the U.S. dollar has lost its appeal. It showed that the value of a dollar in 2020 is now worth about 75 cents. After that, he advised his followers to take BTC. Meanwhile, it turned out that BNY Mellon, the world's largest custodian bank, had invested BTC through ETF.

Another 'Get Bitcoin' message from Anthony Scaramucci!

In recent years, the U.S. dollar, and technically most fiat currencies, have been depreciating. This proves that Central Bank banknotes are not worth trusting as a store of value. The compound inflation rate of 25.14% recorded by the Bitcoin is considered a big red flag for investors to watch out for. Anthony Scaramucci shared his insights to help his followers. Scaramucci recommended buying BTC as an escape from the "truflation" of fiat money.

Dollar from 2020 is now worth 75 cents. Buy Bitcoin credit @balajis pic.twitter.com/WzIosKfJv2

— Anthony Scaramucci (@Scaramucci) April 26, 2024

Anthony Scaramucci's Bitcoin position is one that many in the BTC ecosystem support. Industry leaders like Michael Saylor have maintained their faith in Bitcoin's overall acquisition power ever since. Coincidentally, Michael Saylor's MicroStrategy Incorporated began investing in Bitcoin in August 2020. This move earned the company great acclaim as an important supporter of BTC. MicroStrategy holds more than 214,000 Bitcoin in its portfolio. Thus, the company received a tremendous return on its investment. This showed that BTC was an asset worthy of everyone's attention.

BNY Mellon invests in BTC!

BNY Mellon, the world's largest custodian, is among the latest entities to invest in Bitcoin (BTC) through its spot exchange mutual fund (ETF). In a Securities Exchange Commission (SEC) filing, the agency disclosed that it had invested in the ETF of BlackRock and Grayscale, the world's largest investment firm.

BlackRock and Grayscale ETF have emerged as popular choices. In addition, it attracted significant capital inflows. For example, BlackRock's IBIT ETF has consistently attracted investment. Thus, in about two months, he accumulated about $ 15,5 billion. However, BlackRock's entry streak came to an end on April 24, recording $0 inflows.

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