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Posted by
Two Blokes Jul 30 -
Filed in
Crypto
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Anthony Scaramucci, the founder of SkyBridge Capital, thanked pro-cryptocurrency SEC Commissioner Hester Pierce for her role in getting the agency to approve in-kind creations and redemptions for cryptocurrency exchange-traded funds. What Happened: Scaramucci thanked Peirce, affectionately called "Crypto Mom," for her “incredible hard-fought contribution" after the SEC permitted authorized participants to exchange ETF shares directly for the underlying cryptocurrency, such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), instead of cash.
