SkyBridge raises $100M for Algorand fund and files for crypto company ETF
Anthony Scaramucci revealed that SkyBridge currently holds $700 million worth of cryptocurrency. Alternative investment firm SkyBridge capital hopes to expand its crypto offerings, filing for a crypto-focused exchange-traded fund (ETF) on Tuesday and revealing plans for an Algorand fund at this week’s SALT conference in New York.Speaking to CNBC, SkyBridge founder and former White House Communications Director Anthony Scaramucci said the firm had raised more than $100 million toward the newly announced Algorand fund. He added that the firm currently holds roughly $700 million worth of....
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A statement from Anthony Scaramucci has revealed the total crypto worth of an Alternative investment firm in Australia’s SkyBridge Capital. He stated that SkyBridge holds crypto worth $700 million presently. The alternative investment firm has filed for a cryptocurrency company ETF which simply means a crypto-based exchange-traded fund. Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course They did this on Tuesday, aiming to increase their digital currency offerings. SkyBridge Capital also revealed its plans for the Algorand fund during the SALT....
Anthony Scaramucci’s Skybridge Capital has filed an S-1 registration form with the Securities and Exchange Commission (SEC) for a bitcoin exchange-traded fund (ETF). The prospectus for the “First Trust Skybridge Bitcoin ETF Trust” notes that the ETF aims to list common shares on NYSE Arca. Skybridge Capital Files to List a Bitcoin ETF Skybridge Capital and its founder Anthony Scaramucci have been all about bitcoin (BTC) these days and even more so after the company’s successful launch of the Skybridge Capital Bitcoin Fund. At the end of February, Scaramucci said in....
SkyBridge Capital, founded by Anthony Scaramucci, is the latest to file for regulatory approval to offer a bitcoin exchange-traded fund.
In a filing registered with the U.S. Securities and Exchange Commission (SEC), the giant global investment firm Skybridge Capital explained that the fund Skybridge G II may invest in digital currencies like bitcoin. On November 13, the New York-based company with $7.7 billion assets under management (AUM) told the U.S. regulator that Skybridge investment funds “may hold long and short positions in digital assets.” Skybridge Capital, another well known wealth manager with over $7.7 billion AUM, told the SEC on Friday it may invest in digital assets like bitcoin. The SEC filing....
An application for SkyBridge Bitcoin Fund L.P. has been filed with the Securities and Exchange Commission. Anthony Scaramucci’s multi-billion-dollar hedge fund, SkyBridge Capital, has submitted a formal application with the United States securities regulator to launch a new Bitcoin (BTC) fund. The Form D for an exempt offering appeared on the Securities and Exchange Commission’s website on Monday. The proposal lists “SkyBridge Bitcoin Fund L.P.” as the issuer and “SkyBridge Bitcoin Fund GP LLC” as a related person.According to the document, the proposed fund is classified as a “hedge....