Skybridge Capital Launches Ethereum Fund — Ether ETF Filing to Follow – Finance Bitcoin News

Skybridge Capital Launches Ethereum Fund — Ether ETF Filing to Follow

Asset management firm Skybridge Capital has launched an ethereum fund, CEO Anthony Scaramucci has confirmed. He added that the asset manager will be filing for an ether exchange-traded fund (ETF).

Skybridge Capital CEO Anthony Scaramucci revealed in the latest episode of The Scoop, published Tuesday, that his asset management firm has launched a private ethereum fund.
“July 1st, we’re launching a private ethereum fund,” he said prior to the launch of the ether fund, adding:

We’ll then file for an ETF for ethereum. Again, it is anybody’s guess when those things will be going.

He also revealed, “As we’re speaking, we’re making an announcement on an ETF for a digital innovation fund that has some great publicly traded assets that we think are geared, related to [ethereum], related to bitcoin, but also the other coins.”
The company filed a registration statement for a bitcoin ETF with the U.S. Securities and Exchange Commission (SEC) in May.

We have a full commitment to crypto.

Skybridge launched a bitcoin fund in December last year with $25 million as the company expected an “avalanche of institutional investors.” The fund was open to the public in January with $310 million in assets under management. Last month, Scaramucci said that bitcoin still had more upside than gold.


What do you think about Skybridge launching an ether fund and planning to file for an ETF? Let us know in the comments section below.

Tags in this story

ETH, ether, Ether ETF, ether fund, Ethereum, ethereum ETF, ethereum fund, skybridge bitcoin, Skybridge Bitcoin ETF, skybridge eth, skybridge ether, Skybridge ethereum

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Source link


Be the first to comment

Leave a Reply

Your email address will not be published.