
First Trust Advisors and SkyBridge Capital apply for Bitcoin ETF
Anthony Scaramucci's hedge fund SkyBridge Capital becomes the latest firm to apply for a Bitcoin ETF.
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A research report compiled by one of Bank of America's analysts claims that there is "no good reason to own Bitcoin."

The Founder of SkyBridge Capital said Copernicus was the first to posit the theory that the Earth orbits the Sun. Scaramucci likens this to how Bitcoin is revolutionizing the concept of money.

Together, the companies have raised over $133 million in Series C venture capital, according to Forbes.

The partnership will advance Crypto.com’s ambition to accelerate the adoption of crypto payment solutions around the world by expanding the reach of the Crypto.com Visa Card

If the SEC doesn't rule on the proposal, it could extend the review process up to 240 days.

Morgan Stanley will soon launch two Bitcoin-focused funds as demand for cryptocurrencies picks up among institutional clients, reported business outlet CNBC on Thursday, citing…



