Guggenheim opens door to bitcoin exposure for $5 billion macro fund via Grayscale GBTC product

in hive-116221 •  4 years ago 

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Guggenheim Partners, the $200 billion-plus asset-manager, could be the latest Wall Street firm to allocate capital to the cryptocurrency market, as per a filing. 

The firm, which invests across asset classes on behalf of companies, pension funds, and sovereign wealth funds, wrote in a filing on November 27 that it might "seek investment exposure to bitcoin indirectly" via Grayscale's Bitcoin Trust product (GBTC) through its Macro Opportunities Fund.


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