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Finbold 2025-02-03 14:56:48

If you put $1,000 into an Anthony Scaramucci crypto portfolio at the start of 2025, here’s your return now

Anthony Scaramucci’s career in finance started off with a seven-year stint at Goldman Sachs (NYSE: GS ) as an investment banker. In 2017, during Donald Trump’s first term in office, he was appointed White House Communications Director. However, Scaramucci’s role in the public sector was not to last — just ten days after he was appointed, he was dismissed, after a well-publicized spat with Reince Priebus. Following this, he went on to found SkyBridge Capital. The former Communications Director is an outspoken cryptocurrency bull — having allocated over 50% of his net worth to Bitcoin ( BTC ) alone, per statements made in late December on the Bankless podcast . On top of BTC, Scaramucci’s crypto portfolio also includes Solana ( SOL ), Avalanche ( AVAX ), and Polkadot ( DOT ) — assets selected primarily on account of their utility. Let’s take a closer look at how mirroring Anthony Scaramucci’s crypto portfolio with a $1,000 investment made on January 1, 2025, would have turned out — using two illustrative examples. Scaramucci’s crypto portfolio has suffered losses since the start of the year For the purpose of simplicity, we are going to look at two scenarios — one in which the $1,000 investment is allocated evenly between the 4 crypto assets we’ve mentioned, and another, in which Bitcoin will account for 50%, with the remaining 50% split between SOL, AVAX, and DOT. From January 1 to press time on February 3, the price of Solana decreased by 0.34%. Bitcoin saw a loss of 0.78% in the same timeframe. SOL and BTC price year-to-date (YTD) charts. Source: Finbold Since the beginning of the year, all of the aforementioned assets are in the red — although readers should note that the losses only began mounting after the market-wide selloff caused by Trump’s tariffs announced on February 1. In contrast with Bitcoin and Solana, AVAX and DOT were hit much harder — having recorded a 32.25% and 32.56% loss, respectively. AVAX and DOT price year-to-date (YTD) charts. Source: Finbold A $1,000 investment split evenly between these 4 assets would have suffered a 16.48% loss — and it would be worth $835.20 at press time. In this instance, in absolute dollar amounts, the loss is $164.8. In the second scenario, where Bitcoin accounts for 50% of the portfolio, the results are significantly better, yet still negative — with an overall loss of 11.25%, which would have made a $1,000 investment depreciate to $887.50. Featured image via Shutterstock The post If you put $1,000 into an Anthony Scaramucci crypto portfolio at the start of 2025, here’s your return now appeared first on Finbold .

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