BNY Mellon named as fund administrator for SkyBridge’s expected Bitcoin ETF launch
Upon final regulatory approval of the ETF, BNY Mellon will provide ETF basket operations, order taking, fund accounting, fund administration and transfer agency services.
April 9, 2021 10:16 AM GMT
BNY Mellon has been named as the fund administrator in the initial registration statement for a Bitcoin exchange traded fund (ETF) from US hedge fund Skybridge Capital.
SkyBridge Capital, which is headed by former White House communications director Anthony Scaramucci, has joined forces with First Trust Advisors to launch the ETF, according to a filing with the Securities and Exchange Commission (SEC).