Anthony Scaramucci ’s SkyBridge Capital posted a second straight quarterly loss in its flagship fund, extending a drawdown tied largely to the firm’s heavy exposure to cryptocurrencies .
The $1.3 billion SkyBridge Opportunity Fund — which has some 64% of its holdings tied to cryptocurrency and digital assets — fell 12.9% in the first quarter of 2026, according to firm disclosures. It managed to eke out a 0.45% gain in March, but that wasn’t enough to offset losses earlier in the quarter.