Scaramucci’s Billion-Dollar Mega Hedge Fund Skybridge ‘May Hold Positions’ in...

Scaramucci’s Billion-Dollar Mega Hedge Fund Skybridge ‘May Hold Positions’ in...

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....


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Scaramucci’s SkyBridge files with SEC to launch Bitcoin fund

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Scaramucci’s Skybridge Capital Registers With SEC to Launch a Bitcoin ETF

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Within five years, US hedge funds expect to hold 10.6% of assets in crypto

North American hedge funds are at the vanguard of crypto-curious investors, although EU and U.K. funds are not far behind, expecting to hold 6.8% of their assets in crypto within five years. A new survey of 100 chief financial officers at hedge funds worldwide has indicated that the sector is planning a significant increase in its exposure to crypto assets in the near term.The survey, conducted by Intertrust, suggests that if the respondents’ forecasts were broadly mirrored across the sector, assets in crypto held by global hedge funds could hit $312 billion. United States-based funds were....