First Trust SkyBridge Crypto Industry and Digital Economy ETF Price & Performance (CRPT)

CRPT, a cryptocurrency-focused ETF, shows technical resistance at $14.49, with no clear support levels identified. Analysts caution against buying during declines, as the stock is considered weak. Short-selling is advised near resistance, with a stop-loss set at $14.53. Investors are encouraged to await stronger upward trends before considering long positions.1

Anthony Scaramucci predicts Bitcoin could hit $200,000 by 2025, bolstered by institutional adoption and favorable U.S. regulatory shifts. His First SkyBridge ETF reported a 74% return in 2024, underscoring the growing appeal of cryptocurrency investments. Scaramucci’s outlook reflects broader confidence in Bitcoin’s potential as a dominant financial asset.2

President Trump's announcement of a U.S. Crypto Reserve has energized the market, with Bitcoin briefly surpassing $95,000. Leading ETFs, including iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund, gained up to 7%. The initiative signals a significant policy shift, potentially cementing the U.S. as a global crypto leader.3