SEC begins formal review of Fidelity, SkyBridge Bitcoin ETF applications
Fidelity’s Wise Origin Bitcoin Trust and the First Trust SkyBridge Bitcoin ETF are now under review by regulators, according to paperwork filed earlier this month. A pair of Bitcoin (BTC) ETF applications submitted by Fidelity Investments and SkyBridge Capital are under official review by the United States Securities and Exchange Commission, or SEC, reigniting a long-standing debate about whether regulators will finally approve America’s first crypto-focused ETF.The SEC’s formal review of Fidelity Investments’ application was documented in a May 25 filing that appeared on the regulator’s....
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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....
Scaramucci’s SkyBridge Capital introduced a new Bitcoin fund in early January. He says that improved infrastructure and regulation have made BTC investments "as safe as owning bonds and commodities like gold." Anthony Scaramucci, the head of SkyBridge Capital and former White House communications director, believes Bitcoin’s (BTC) value proposition has strengthened significantly now that governments have addressed many of the risks associated with the digital asset. In an opinion article published on CNN, Scaramucci and fellow SkyBridge executive Brett Messing argue that Bitcoin has become....
Skybridge Bitcoin Fund’s assets under management have risen to $310 million. Expecting the cryptocurrency to become a digital replacement for gold, the firm reportedly values bitcoin at $535,000. Skybridge also predicts that bitcoin’s price will reach $100,000 this year. Skybridge Invests $310 Million in Bitcoin New York-headquartered Skybridge Capital is a global investment manager that provides investment solutions to individuals and institutions. Skybridge announced the launch of its bitcoin fund to outside investors on Monday after launching with $25.3 million of its own....
ETF shares would be listed on the Chicago Board Options Exchange’s BZX Exchange. Following in the footsteps of VanEck earlier this month, Wisdom Tree has filed an application for an Ether (ETH) exchange-traded fund submitted to the United States Securities and Exchange Commission.According to filings dated May 27, the ETF’s shares would be listed on the Chicago Board Options Exchange’s BZX Exchange.On May 7, rival ETF issuer, VanEck, also filed an application for an Ether ETF to be traded on the same exchange.Wisdom Tree’s application comes as the SEC has begun its formal review of Bitcoin....
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....