Anthony Scaramucci, the founder of SkyBridge Capital, predicts that more pension funds will incorporate Bitcoin (BTC) into their investment portfolios. In an interview on CNBC Squawk Box, the experienced hedge fund manager expects other pension funds to follow the State of Wisconsin’s lead in investing in Bitcoin to support retirement benefits. Recent Securities and Exchange Commission (SEC) filings reveal that the State of Wisconsin Investment Board has invested approximately $163 million in BlackRock’s iShares Bitcoin Trust (IBIT) and Grayscale’s Bitcoin Trust (GBTC), managing investments for public retirement and trust funds. Scaramucci notes that institutional adoption of Bitcoin is currently taking place, with regulatory approval being a significant factor for large-scale institutions. He believes that Bitcoin is still in the early stages of adoption, with potential for growth despite the challenges faced along the way. At the time of writing, Bitcoin is trading at $67,142, experiencing a 2.5% increase in the last 24 hours.