New York-based global investment enterprise SkyBridge, which owns $9.3 B worth of capital, intends to launch a Bitcoin fund on January 4.
The organization submitted papers to the Securities and Exchange Commission on December 21.
As mentioned in an investor brochure, the total sum of SkyBridge's BTC stores is $182 M, $25 M of which was invested for the projected fund.
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SkyBridge Capital Has Put $182 M in BTC