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
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