Skybridge Capital Launches Ethereum Fund — Ether ETF Filing to Follow

Published on: 03.07.2021

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

CEO of Skybridge Capital launched a private Ethereum fund on July 1, and stated:

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

He also revealed, that his 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.

Anthony Scaramucci emphasized:

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.

▶️ HEADLINES

 

Market Stats:
BTC Dominance: 57.6%(0.00%/24h)
ETH Dominance: 14.47%(+0.17%/24h)
Defi Market Cap: $163.26B(-26.59%/24h)
Total Market Cap: $3967.56B(-0.55%/24h)
Total Trading Volume 24h: $132.97B(-48.06%/24h)
ETH Market Cap: $573.13B
Defi to ETH Ratio: 28.49%
Defi Dominance: 4.03%
Altcoin Market Cap: $1682.43B
Altcoin Volume 24h: $81.27B
Total Cryptocurrencies: 35839
Active Cryptocurrencies: 9533
Active Market Pairs: 107681
Active Exchanges: 842
Total Exchanges: 10905
BTC: 114769.36$(0.11%/1H)
ETH: 4753.47$(0.64%/1H)
AVAX: 25.13$(0.63%/1H)
BNB: 861.5$(-0.08%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.89$(0.37%/1H)
DOT: 4.05$(0.73%/1H)
UNI: 10.95$(0.77%/1H)
CAKE: 2.69$(0.22%/1H)
SUSHI: 0.83$(0.51%/1H)
ONE: 0.01$(0.55%/1H)