SkyBridge Capital Limits Bitcoin-Focused Fund Withdrawals Amid Market Recovery

SkyBridge Capital, under Anthony Scaramucci’s leadership, has restricted client withdrawals from its crypto-focused hedge fund despite significant fund performance improvements. Investors holding approximately 70% of the fund’s shares requested withdrawals during the period ending in March, as per a regulatory filing. The fund, which processes withdrawals through a tender offer, repurchased only about 7% of

Source: CoinOtag