PANews, May 23: According to Bloomberg, SkyBridge Opportunity Fund, the flagship fund of SkyBridge Capital founded by Anthony Scaramucci, declined 12.9% in the first quarter of 2026, marking its second consecutive quarterly loss, primarily due to sharp volatility in cryptocurrency-related assets. Data shows that 64% of the fund’s holdings are concentrated in crypto and digital assets. Although the fund posted a modest 0.45% gain in March, it was insufficient to recover from earlier quarterly losses. The fund had already fallen 18% in the fourth quarter of 2025, highlighting the risks faced by institutions with high exposure to cryptocurrencies.
SkyBridge Capital's fund posted its second consecutive quarter of losses amid crypto volatility.
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Summary
SkyBridge Capital’s flagship fund, the SkyBridge Opportunity Fund, declined 12.9% in Q1 2026, marking its second consecutive quarterly loss. The fund, which allocates 64% to crypto and digital assets, was significantly impacted by market volatility. A 0.45% rebound in March was insufficient to offset earlier losses. The fund had already fallen 18% in Q4 2025.
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