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Cryptocurrency News

Guggenheim Fund Seeks $500M Worth Exposure in BTC via Grayscale Bitcoin Trust
By • 3 mins read
Bitcoin News, Cryptocurrency News, News

Guggenheim Fund Seeks $500M Worth Exposure in BTC via Grayscale Bitcoin Trust

By • 3 mins read

In its filing with the US SEC, Guggenheim says that it wants to facilitate a 10% exposure from its $5 billion Macro Opportunities Fund, to Bitcoin. The investment, however, will happen through the Grayscale Bitcoin Trust and could be the biggest institutional investment after MicroStrategy.