Skybridge Capital launches Ethereum fund – Ether ETF submission follows – Finance Bitcoin News

Asset management company Skybridge Capital has launched an Ethereum fund, confirmed CEO Anthony Scaramucci. He added that the asset manager will apply for an Ether Exchange Traded Fund (ETF).

  • Anthony Scaramucci, CEO of Skybridge Capital, announced in the latest issue of The Scoop, released Tuesday, that his wealth management firm has launched a private Ethereum fund.
  • “On July 1st we are launching a private Ethereum fund,” he said before launching the Ethereum fund, adding:

We will then apply for an ETF for Ethereum. Again, it is everyone’s guess when these things will go.

  • He also revealed, “As we speak, we’re making an announcement about an ETF for a digital innovation fund that has some great publicly traded assets that we think are up [ethereum], based on Bitcoin, but also the other coins. “
  • The company filed a registration statement for a Bitcoin ETF with the US Securities and Exchange Commission in May.

We have a full commitment to crypto.

  • Skybridge launched a $ 25 million Bitcoin fund last December as the company anticipated an “avalanche of institutional investors.” The fund opened to the public in January with $ 310 million in assets under management. Last month, Scaramucci said that Bitcoin still has more upside potential than gold.

What do you think of Skybridge launching an Ether fund and planning to apply for an ETF? Let us know in the comment section below.

Tags in this story

ETH, Ether, Ether ETF, Ether-Fonds, Ethereum, Ethereum-ETF, Ethereum-Fonds, Skybridge Bitcoin, Skybridge Bitcoin ETF, Skybridge Eth, Skybridge Ether, Skybridge Ethereum

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