The institutional interest in trading Bitcoins seems unstoppable

The company, which is focused on establishing hedge funds, has recently applied for registration of the Bitcoin Fund.

The institutional interest in trading Bitcoins seems unstoppable. One of the latest evidences is the published application from SkyBridge Capital to register a new fund focused only on Bitcoin.

SEC

The United States Securities and Exchange Commission registered this registration on December 21, 2020, which contains all the details, including the new name of the issuer SkyBridge Bitcoin Fund L.P ..

According to Kevin Rooke, who published the report, SkyBridge Capital should have registered the Bitcoin Fund a month after allowing two of their other funds to invest in Bitcoin.

Among other things, SkyBridge Capital has had many successes, such as being named the best hedge fund in 2019 (HedgeWeek US Awards).

Source: https://ccnews24.net/skybridge-capital-a-new-york-investment-company-is-launching-a-bitcoin-fund/

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Matej Korený

Matej Korený

We are building DeFi 2.0 / Internet 2.0 / Web 4.0 | Digital Economy | Crypto | Blockchain | FinTech | CMO at CoDeTech, Core Blockchain