The cryptocurrency market has been abuzz with news that BlackRock, the world’s largest asset manager, is considering launching a Bitcoin exchange-traded fund (ETF). The news has been met with excitement from many investors, and now Anthony Scaramucci, the founder of SkyBridge Capital, has predicted that if the ETF is approved, Bitcoin could experience a 10X growth.

Scaramucci is no stranger to the cryptocurrency market, as his firm SkyBridge Capital recently launched a Bitcoin fund. He believes that if BlackRock’s ETF is approved, it could be a major catalyst for Bitcoin’s growth. He believes that the ETF would bring in a lot of institutional money and would be a sign of increased legitimacy for the cryptocurrency market.

The approval of a Bitcoin ETF would also open up the market to more investors. Currently, many investors are unable to invest in Bitcoin due to the difficulty of buying and selling it. An ETF would make it easier for investors to buy and sell Bitcoin without having to go through the hassle of setting up a wallet and dealing with exchanges.

Scaramucci believes that if the ETF is approved, it could lead to a 10X growth in the price of Bitcoin. He believes that the increased liquidity and institutional money that would come into the market would drive up the price significantly.

It remains to be seen if BlackRock’s Bitcoin ETF will be approved, but if it is, it could be a major catalyst for growth in the cryptocurrency market. Anthony Scaramucci’s prediction of 10X growth in Bitcoin’s price could become a reality if the ETF is approved. Investors should keep an eye on this news as it could have a major impact on the cryptocurrency market.