• About
  • FAQ
  • Landing Page
  • Buy JNews
Newsletter
Crypto News
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Crypto News
No Result
View All Result

Billion-Dollar Wealth Manager Skybridge Capital Plans to Launch a Bitcoin Fund

by
December 22, 2020
in Uncategorized
0
Billion-Dollar Wealth Manager Skybridge Capital Plans to Launch a Bitcoin Fund
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Billion-Dollar Wealth Manager Skybridge Capital Plans to Launch a Bitcoin Fund

In mid-November, a filing registered with the U.S. Securities and Exchange Commission (SEC) had shown that the investment firm Skybridge Capital may invest in crypto assets like bitcoin. Over a month later, Skybridge Capital filed another registration form with the U.S. SEC (Form D) as it plans to launch a bitcoin fund.

Related articles

Swiss Stock Exchange’s Crypto Trading Volume Soars — Hits Record $1.2 Billion

Swiss Stock Exchange’s Crypto Trading Volume Soars — Hits Record $1.2 Billion

January 17, 2021
Algorithmic asset experiments continue to entice traders & developers

Algorithmic asset experiments continue to entice traders & developers

January 17, 2021

The wealth management firm run by Anthony Scaramucci, Skybridge Capital, is launching a bitcoin fund called the Skybridge Bitcoin Fund L.P. The news of the Skybridge’s fund stems from a Form D Securities and Exchange Commission filing. The New York-based company manages over $9.2 billion assets under management (AUM) and the filing shows it wants to manage a bitcoin (BTC) fund for accredited investors.

According to the filing submitted on December 21, 2020, it will be for accredited investors who can purchase $50k or more. It’s a pooled investment and hedge fund, and as for the issuance-size Skybridge has declined to disclose. Further, the Skybridge Bitcoin Fund will follow Rule 506(c) that allows the solicitation and general advertisement of the offering to accredited investors.

Skybridge Capital was founded in 2005 by Anthony Scaramucci, Brett S. Messing, Raymond Nolte, and Troy Gaveski. The news of the Skybridge Bitcoin Fund filing on Monday follows the company explaining that the firm’s G II Fund “may hold long and short positions in digital assets.” Of course, after the Form D filing was revealed for the Skybridge Bitcoin Fund, bitcoin proponents discussed the entry on social media and forums.

“Boom! Skybridge Capital is doubling down on Bitcoin,” tweeted Kevin Rooke. “They just registered the Skybridge Bitcoin Fund with the SEC, one month after allowing two of their other funds to invest in bitcoin.”

The founder of Skybridge Anthony Scaramucci was also a former White House director of communications. Scaramucci has said in an interview that “a fan” of cryptocurrencies and believes that “digital assets have a future.”

The Skybridge founder also did an interview with Anthony ‘Pomp’ Pompliano and discussed bitcoin and the current structural issues in America. “There’s something here,” Scaramucci told Pompliano. “There’s value to the notion that I can exchange value with you, confidentially — and I can exchange it through a mechanism that looks very secure.”

“Blockchain is going to get tighter, and more reformed, and more secure,” Scaramucci added. “People are going to have more confidence in it, and I don’t think it can be stopped.”

What do you think about Skybridge Capital registering to launch a bitcoin fund? Let us know what you think about this subject in the comments section below.

The post Billion-Dollar Wealth Manager Skybridge Capital Plans to Launch a Bitcoin Fund appeared first on Bitcoin News.

Share76Tweet47

Related Posts

Swiss Stock Exchange’s Crypto Trading Volume Soars — Hits Record $1.2 Billion

Swiss Stock Exchange’s Crypto Trading Volume Soars — Hits Record $1.2 Billion

by
January 17, 2021
0

Switzerland’s principal stock exchange has revealed that its crypto trading volume hit a record high of CHF 1.1 billion ($1.23...

Algorithmic asset experiments continue to entice traders & developers

Algorithmic asset experiments continue to entice traders & developers

by
January 17, 2021
0

On the frontiers of algorithmic assets, trading isn’t the only activity that will raise your heartrate As the team behind...

IMF Says Only 23% of Central Banks Can Legally Issue Digital Currencies

IMF Says Only 23% of Central Banks Can Legally Issue Digital Currencies

by
January 17, 2021
0

Researchers at the International Monetary Fund (IMF) have examined the central bank laws of 174 IMF members to answer the...

Ethereum is On the Brink of Setting Fresh All-Time Highs as Bulls Take Control

Ethereum is On the Brink of Setting Fresh All-Time Highs as Bulls Take Control

by
January 16, 2021
0

Ethereum has seen some intensely bullish price action throughout the past couple of days, with bulls sparking a massive upside...

BTC crash, DOT crushes XRP, man risks losing $262M: Hodler’s Digest, Jan. 10–16

BTC crash, DOT crushes XRP, man risks losing $262M: Hodler’s Digest, Jan. 10–16

by
January 16, 2021
0

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph...

Load More
  • Trending
  • Comments
  • Latest
SushiSwap’s SUSHI Surges 20% Again After Ethereum Price Correction

SushiSwap’s SUSHI Surges 20% Again After Ethereum Price Correction

December 6, 2020

Services Could Help Investors Rate Crypto Currencies

December 6, 2020

3 Factors That Made Bitcoin Become so Valuable Last Year

December 6, 2020
Snowden: The Dollar Has Lost 99% Of Its Value Against Bitcoin

Snowden: The Dollar Has Lost 99% Of Its Value Against Bitcoin

December 7, 2020
Swiss Stock Exchange’s Crypto Trading Volume Soars — Hits Record $1.2 Billion

Swiss Stock Exchange’s Crypto Trading Volume Soars — Hits Record $1.2 Billion

0

China Is Reportedly Moving To Clamp Down On Bitcoin Miners

0

Inside the Chinese Bitcoin Mine That’s Grossing $1.5M a Month

0

All You Need to Know About This Whole SegWit vs. SegWit2x Thing

0
Swiss Stock Exchange’s Crypto Trading Volume Soars — Hits Record $1.2 Billion

Swiss Stock Exchange’s Crypto Trading Volume Soars — Hits Record $1.2 Billion

January 17, 2021
Algorithmic asset experiments continue to entice traders & developers

Algorithmic asset experiments continue to entice traders & developers

January 17, 2021
IMF Says Only 23% of Central Banks Can Legally Issue Digital Currencies

IMF Says Only 23% of Central Banks Can Legally Issue Digital Currencies

January 17, 2021
Ethereum is On the Brink of Setting Fresh All-Time Highs as Bulls Take Control

Ethereum is On the Brink of Setting Fresh All-Time Highs as Bulls Take Control

January 16, 2021
Crypto News

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Abra
  • Altcoin News
  • altcoins
  • Altseason
  • Binance
  • Binance (BNB) News
  • Binance Coin (BNB)
  • Binance Smart Chain
  • bitcoin
  • Bitcoin
  • Bitcoin (BTC) Adoption
  • Bitcoin (BTC) General News
  • Bitcoin (BTC) News
  • Bitcoin (BTC) Predictions
  • Bitcoin Cash (BCH)
  • Bitcoin Cash (BCH) General News
  • Bitcoin dominance
  • bitcoin network
  • Bitcoin price
  • Bitstamp
  • Bittrex
  • Blockchain
  • Blockchain News
  • bloomberg
  • Brad Garlinghouse
  • Business
  • Cameron Winklevoss
  • ChainLink
  • ChainLink (LINK)
  • Chainlink (LINK) News
  • Chainlink Price Prediction
  • Changpeng Zhao
  • charlie lee
  • CME Group
  • coinbase
  • Coinmarketcap
  • cryptocurrency
  • Dash (DASH)
  • DeFi
  • DeFi Pulse
  • Electric Coin Company
  • ETH 2.0
  • ETH2.0
  • Ethereum
  • Ethereum (ETH)
  • Ethereum (ETH) News
  • Ethereum 2.0
  • Ethereum Classic (ETC)
  • Ethereum Futures
  • Ethereum Network
  • ethereum price
  • Ethereum price analysis
  • Ethereum Staking
  • Ethereum Upgrade
  • Ethereum Upgrades
  • Flare Networks
  • Flare Networks Snapshot
  • Gemini
  • google
  • Grayscale
  • Grayscale Bitcoin Trust (GBTC)
  • Guide
  • Guides
  • Institutional Investors
  • justin sun
  • JustSwap
  • LINK Marines
  • Litecoin
  • Litecoin (LTC)
  • Litecoin (LTC) News
  • Litecoin Development
  • litecoin foundation
  • Litecoin MimbleWimble
  • Market
  • MicroStrategy
  • MimbleWimble
  • Mining
  • Monero (XMR)
  • News
  • NFT
  • NFTs
  • Non-Fungible Tokens
  • Other
  • Poloniex
  • Prices
  • Regulation
  • ripple
  • Ripple
  • Scams and Hacks
  • sec
  • Securities and Exchange Commission
  • Spark Token (FLR)
  • Spark Token Airdrop
  • Spark Tokens (FLR)
  • Tron (TRX)
  • TRON (TRX) News
  • Tron Foundation
  • Twitter
  • Tyler Winklevoss
  • Wallets and Exchanges
  • XRP
  • XRP News
  • XRP Price Prediction
  • Yearn Finance (YFI)
  • Zcash (ZEC)
  • ZCash Halving
  • Zeus Capital
  • Zilliqa (ZIL)
  • Zilliqa (ZIL) News
  • Zilliqa Staking

Tags

Altcoin Bitcoin drops Bitcoin Wallet Cointelegraph Cryptocurrency ICO Investment Lending Market Stories Mining Bitcoin

Newsletter

[mc4wp_form]

  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Buy JNews
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2018 JNews by Jegtheme.