trump’s former adviser officially enters bitcoin with his billion-dollar fund

anthony scaramucci’s free investment fund, skybridge capital, which was donald trump’s communications adviser for one term, has filed an application with the sec for a bitcoin fund. the fund, which will operate under the name skybridge bitcoin fund, will be open to accredited investors who will invest at least $ 50k.

skybridge capital has $ 9.2 billion in assets under management.

the company had notified the sec in november that it might invest in digital assets. the billion-dollar fund, known as the” fund of funds, ” has said it can invest in mutual funds that enable it to take positions in digital assets. it was noted that these investments can also be made to companies that provide digital assets or other emerging technology-related technologies, not limited to bitcoin.

recently, the ways of investing cryptocurrencies for institutional investors are expanding. recently, the bitwise 10 fund, which allows you to invest in the 10 most valuable cryptocurrencies, began to be listed on the stock market. meanwhile, major cryptocurrency investment firm grayscale announced today that it has stopped buying new investments in its funds, such as bitcoin and ethereum.

Join our Telegram Channel coinputin for latest cryptocurrency news and discussions..