Guggenheim Partners prepares to dip investment fund’s toes into Bitcoin

Cointelegraph

Published Nov 28, 2020 09:41PM ET

Updated Nov 29, 2020 11:40PM ET

An SEC filing on Friday indicates that the next Wall Street institution to take a public position in Bitcoin may also be among the largest yet: the $275 billion financial services firm Guggenheim Partners.

The Guggenheim filing allows the Macro Opportunities fund to purchase GBTC, a publicly-traded Bitcoin investment vehicle from Grayscale, at an indeterminate point in the future.

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