SEC rejects Skybridge's application for spot Bitcoin ETF

The United States Securities and Exchange Commission, or SEC, has officially disapproved the application for First Trust SkyBridge’s spot Bitcoin exchange-traded fund after several deferments. In a Thursday filing, the SEC rejected a proposed rule change from the New York Stock Exchange, or NYSE, Arca to list and trade shares of the First Trust SkyBridge […]

SkyBridge raises $100M for Algorand fund and files for crypto company ETF

Alternative investment firm SkyBridge capital hopes to expand its crypto offerings, filing for a crypto-focused exchange-traded fund (ETF) on Tuesday and revealing plans for an Algorand fund at this week’s SALT conference in New York. Speaking to CNBC, SkyBridge founder and former White House Communications Director Anthony Scaramucci said the firm had raised more than […]

SkyBridge Capital latest to file Bitcoin ETF application with US SEC

New York-based investment firm SkyBridge Capital has filed for a Bitcoin (BTC) exchange-traded fund, or ETF, with the United States Securities and Exchange Commission. SkyBridge submitted the filing on March 19 in partnership with investment advisor First Trust Advisors. First Trust will act as the fund’s advisor and Skybridge serving as sub-advisor. The documents state the First […]