SkyBridge Capital's flagship fund, SkyBridge Opportunity Fund, has reported losses for two consecutive quarters due to its significant investments in cryptocurrencies, according to Foresight News. The fund, valued at approximately $1.3 billion, has 64% of its holdings tied to cryptocurrencies and digital assets, including digital asset hedge funds, Bitcoin investment tools, and crypto-related private equity firms.

Disclosure data reveals that the SkyBridge Opportunity Fund declined by 12.9% in the first quarter of 2026, following an 18% drop in the fourth quarter of 2025. The fund's top three holdings are the Brevan Howard Digital Asset Multi-Strategy Fund (17.5%), Galaxy Institutional Bitcoin Fund (9.58%), and Canada's Purpose Bitcoin ETF (8.79%).

Additionally, the fund recently accepted only a small portion of redemption requests from investors during a public offering. Investors submitted redemption requests for 792,633.965 shares, but the fund proportionally repurchased only 64,378.34 shares, accounting for just 8.1% of the requested redemptions.