Bloomberg: Skybridge Capital's funds suffered losses for two consecutive quarters due to volatility in crypto assets.

CoinFeed reported on May 23 that, according to Bloomberg, SkyBridge Opportunity Fund, the flagship fund of SkyBridge Capital, founded by Anthony Scaramucci, with approximately $1.3 billion in assets under management, fell 12.9% in the first quarter of 2026, marking its second consecutive quarterly loss. This was primarily due to the sharp fluctuations in cryptocurrency-related assets. Data shows that 64% of the fund's holdings are concentrated in crypto and digital assets. Although it rebounded slightly by 0.45% in March, it failed to reverse the decline seen earlier in the quarter. The fund had already fallen 18% in the fourth quarter of 2025, highlighting the institutional risks associated with its high cryptocurrency exposure.