More Institutional $ Flow into BTC
SkyBridge Capital Has Already Invested $182M in Bitcoin
Anthony Scaramucci’s SkyBridge Capital investment firm has invested $182 million in bitcoin, according to an investor brochure shared with CoinDesk about its forthcoming bitcoin fund.
The firm, which has $9.3 billion under management, is launching the SkyBridge Bitcoin Fund LP in January, according to Securities and Exchange Commission documents filed on Dec. 21, as CoinDesk reported.
Scaramucci’s fund investment is yet another traditional investment firm jumping on the bitcoin bandwagon, a trend that has driven the crypto’s price well north $20,000 in recent weeks.