Guggenheim Partners may be the next big player to bet on Bitcoin

posted about 2 months ago
Guggenheim Partners may be the newest institutional investor to join the crypto market. According to a recent SEC filing, the global investment management firm with over $270 billion AUM may soon make an allocation of over $500 million (10% of its net value) via the Macro Opportunities Fund through exposure to Grayscale’s GBTC.

The filing said “The Guggenheim Macro Opportunities Fund may seek investment exposure to Bitcoin indirectly through investing up to 10% of its net asset value in Grayscale Bitcoin Trust (“GBTC”), a privately offered investment vehicle that invests in Bitcoin.”
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