SkyBridge Capital's crypto fund suffers consecutive quarterly losses amid market volatility

Odaily Planet Daily News: SkyBridge Capital, founded by Anthony Scaramucci, saw its flagship fund, the SkyBridge Opportunity Fund, record its second consecutive quarterly loss, primarily dragged down by significant volatility in cryptocurrency-related assets. According to disclosed data, the fund, which manages approximately $1.3 billion in assets, fell 12.9% in the first quarter of 2026. Currently, about 64% of the fund's holdings are tied to cryptocurrencies and digital assets. Although it saw a modest rebound of 0.45% in March, it was not enough to offset the losses incurred earlier in the quarter. (Bloomberg)