Scaramucci to Make ‘Macro Case‘ for Bitcoin at SALT Conference


    What You Need to Know

    • The venue is New York City, instead of the usual Las Vegas location, Sept. 13-15.
    • The conference will also feature Ark Invest CEO Cathie Wood and will focus on disruptive innovation.
    • Scaramucci’s SkyBridge Capital has an application for a Bitcoin ETF pending before the SEC.

    More than a year after it canceled its annual conference due to the coronavirus pandemic, SkyBridge Capital is reconvening its multi-day SALT conference on Sept. 13, with some changes.

    “Our goal is to make sure the people meet other people, learn something and have some fun, but all of that is secondary to making sure they feel safe and are safe,” says Anthony Scaramucci, founder and managing partner of SkyBridge Capital.

    The venue is New York City, not Las Vegas, its usual setting; the locale is the newly expanded Javits Center; and health and safety protocols will be in place for all in-person attendees, whose numbers will be limited due to those protocols. Virtual access is also available.

    Between 2,000 and 2,250 attendees — less than half the capacity of the Javits Center — are expected to attend the three-day conference, and all will have to show proof that they are fully vaccinated and have their temperatures taken upon entering. Many of the networking activities, plus a concert by The Chainsmokers, will take place on the roof.

    A Focus on Disruptive Innovations, Including Crypto

    This year’s SALT conference will focus on disruptive innovation and include panels on blockchain, cryptocurrencies and hedge funds — SkyBridge Capital is an investment firm specializing in funds of hedge funds. There are at least six panels on digital assets. The conference will also include panels on data discovery, U.S. competition and innovation, national security, pandemic prevention and macro and credit outlooks.

    Among the notables who will be speaking on panels or in one-on-one interviews are hedge fund managers Daniel Loeb, Steve Cohen and Ray Dalio; private equity manager Thomas H. Lee; Grayscale CEO Michael Sonnenshein; Fortress Investment Group principal and co-CEO Pete Briger; and Ark Invest CEO Cathie Wood, who will take part in a panel on innovation and inclusion and one on Bitcoin.

    New York City Democratic mayoral candidate Eric Adams will also be there, as will former Secretary of State John Kerry, according to Scaramucci, along with Jeb Bush, former governor of Florida, and retired four-star Marine General John Kelly, who’s also a former presidential chief of staff; former U.S Army Lieutenant General H. R. McMaster; and Paris Hilton.

    “I’m going to be attending all the events,” Scaramucci tells ThinkAdvisor. “It’s important for me to make the macro case for Bitcoin.”

    His firm, in partnership with FirstTrust Advisors, is one of about a dozen firms with applications to trade a Bitcoin ETF pending before the Securities and Exchange Commission.

    SkyBridge has also launched a Bitcoin trust and an Ethereum trust available only to accredited investors with minimum investments of $50,000 and $25,000 respectively.



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