Anthony Scaramucci’s SkyBridge Capital has launched its second crypto-specific private fund. One buyer has committed funds so far.
The agency has extended its initial 45-day review period.
The two bitcoin ETF bids join four others under official review with more still pending.
New SEC filings reveal NYDIG has been picked for SkyBridge's pending bitcoin ETF application.
The custody bank would provide ETF basket operations, order taking, fund accounting, fund administration and transfer agency services.
The two companies are just the latest to file for an ETF, following in the footsteps of WisdomTree, Valkyrie, NYDIG and VanEck.
SkyBridge's bitcoin investment has already climbed to more than $300 million, mostly due to price appreciation in the past couple of months.
“Bitcoin is digital gold,” SkyBridge said in its pitch to investors. “It is better at being gold than gold.”
Scaramucci said Skybridge is running a full bitcoin node.
Anthony Scaramucci's $9.2B hedge fund manager is launching its first bitcoin fund.