Tags : Guggenheim

Bitcoin

$270 billion fund Guggenheim is seeking Bitcoin exposure, SEC filing

Guggenheim Partners, one of the world’s largest fund managers with $270 billion in client assets under management, is seeking exposure to Bitcoin as part of a new fund, a filing with the US Securities and Exchange Commission (SEC) showed yesterday. They are coming for Bitcoin The fund, officially the ‘Guggenheim Active Allocation Fund,’ will invest […]Read More

Market

Guggenheim CIO Says Institutional Demand Not There to Sustain Bitcoin

Scott Minerd, chief investment officer of the multi-billion dollar investment firm Guggenheim Partners, believes bitcoin may struggle to stay above $30,000. In an interview with Bloomberg Television on Wednesday, Minerd said he didn’t think bitcoin‘s institutional investor base was “big enough” or “deep enough” to justify its current valuation. The comments come weeks after he […]Read More