The regulation of the crypto market has made Bitcoin a more attractive and safer investment, said Anthony Scaramucci, chief investment officer at SkyBridge Capital.
According to him, governments have eliminated many of the risks associated with investing in the leading cryptocurrency:
"Increased regulations, improved infrastructure and access to financial institutions that hold investors' money have made bitcoin investments as safe as owning bonds and commodities like gold."
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SkyBridge Capital COO Brett Messing believes Bitcoin has become a viable option for long-term investors.
Owning Bitcoin now carries less risk than it did a few years ago, Scaramucci and Messing have noted.
SkyBridge Capital rolled out a $310M Bitcoin fund in January.