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.