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

  • Skybridge Capital CEO Anthony Scaramucci revealed in the latest episode of The Scoop published on Tuesday that his asset management company has launched a private Ethereum fund.
  • “On July 1, we will launch a private Ethereum fund,” he said before launching the Ethereum fund, adding:

Then we will apply for an ETF for Ethereum. Likewise, anyone is guessing when these things will happen.

  • He also revealed, “As we speak, we are announcing an ETF for a digital innovation fund that has some [ethereum], Is related to Bitcoin, but also related to other coins. “
  • The company filed a Bitcoin ETF registration statement with the U.S. Securities and Exchange Commission (SEC) in May.

We are fully committed to encryption.

  • Skybridge launched a Bitcoin fund for $25 million in December last year because the company expects “a large number of institutional investors.” The fund opened to the public in January and has $310 million in assets under management. Last month, Scaramucci stated that Bitcoin still has more room to rise than gold.

What do you think of Skybridge’s launch of an Ethereum fund and plans to apply for an ETF? Let us know in the comments section below.

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ETH, Ether, Ether ETF, Ether Fund, Ether, Ether ETF, Ether Fund, Sky Bridge Bitcoin, Sky Bridge Bitcoin ETF, Sky Bridge Ethereum, Sky Bridge Ethereum, Sky Bridge Ethereum

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