Skybridge Capital launches Ethereum fund and applies for an Ether ETF

CEO Anthony Scaramucci has confirmed that asset management company Skybridge Capital has launched an Ethereum fund and will apply for an Ether Exchange Traded Fund (ETF).

Anthony Scaramucci – CEO of Skybridge Capital

Scaramucci revealed in the latest episode of The shovel, posted on Tuesday that:

“On July 1st, we launched a private Ethereum fund. We then filed an Ethereum ETF with the SEC. Anyone can guess when it will be approved. “

He added:

“We’re announcing an ETF for a digital innovation fund that has some great publicly traded assets in terms of Ethereum, in terms of Bitcoin, but also other coins.”

The company filed a registration statement for Bitcoin ETFs with the US Securities and Exchange Commission in May.

Scaramucci emphasized:

“We are fully committed to crypto.”

Skybridge launched a $ 25 million bitcoin fund last December. The fund opened to the public in January with $ 310 million in assets under management. Last month, Scaramucci said that Bitcoin is still more valuable than gold.

Annie

According to News Bitcoin

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