{"id":32521,"date":"2020-11-29T10:10:05","date_gmt":"2020-11-29T08:10:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32521"},"modified":"2025-08-28T09:05:45","modified_gmt":"2025-08-28T06:05:45","slug":"wall-street-giant-bets-500m-on-grayscale-bitcoin-trust","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/wall-street-giant-bets-500m-on-grayscale-bitcoin-trust\/","title":{"rendered":"Wall Street giant bets $500m on Grayscale Bitcoin Trust"},"content":{"rendered":"<p>Guggenheim Partners, the investment firm managing more than $200 billion in assets, said it intends to allocate part of its portfolio to the Grayscale Bitcoin Trust.<!--more--><\/p>\n<p>According to the <a href=\\\"https:\/\/sec.report\/Document\/0001628280-20-016852\/\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">document<\/a> on the U.S. Securities and Exchange Commission&#8217;s website, the Wall Street firm is considering investing 10% of the assets of its Macro Opportunities Fund unit in the Grayscale Bitcoin Trust (GBTC).<\/p>\n<p>Assets of the Macro Opportunities Fund are estimated at around $5 billion. Investments in GBTC in this way would amount to about $500 million.<\/p>\n<p>The company is not considering other cryptocurrency investments, direct or indirect.<\/p>\n<blockquote class=\\\"wp-embedded-content\\\" data-secret=\\\"3qxHSbwFNj\\\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-investors-see-bitcoin-as-a-store-of-value-and-inflation-hedge\">Grayscale: investors view bitcoin as a store of value and an inflation hedge<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"Grayscale: investors view bitcoin as a store of value and an inflation hedge \u2014 ForkLog\\\" src=\\\"https:\/\/u1f987.com\/news\/grayscale-investory-rassmatrivayut-bitkoin-kak-sredstvo-sberezheniya-i-strahovku-ot-inflyatsii\/embed#?secret=tOC5kNDgpf#?secret=3qxHSbwFNj\\\" data-secret=\\\"3qxHSbwFNj\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p>Guggenheim Partners invests across asset classes on behalf of private companies, pension funds and sovereign wealth funds. Investments in GBTC are viewed as portfolio diversification.<\/p>\n<p>Earlier in November, the total value of crypto assets under Grayscale Investments&#8217; management exceeded $10 billion, with more than 80% in GBTC.<\/p>\n<p>Follow ForkLog on Telegram: <a href=\\\"https:\/\/t.me\/forkloglive\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog FEED<\/a> \u2014 full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guggenheim Partners, the investment firm managing more than $200 billion in assets, said it intends to allocate part of its portfolio to the Grayscale Bitcoin Trust.<\/p>\n","protected":false},"author":1,"featured_media":32522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Guggenheim Partners plans to allocate about 10% of the Macro Opportunities Fund's assets to the Grayscale Bitcoin Trust.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1214,943,2036,1156],"class_list":["post-32521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-grayscale-bitcoin-trust","tag-grayscale-investments","tag-guggenheim-partners","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"Guggenheim Partners plans to allocate about 10% of the Macro Opportunities Fund's assets to the Grayscale Bitcoin Trust.","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=32521"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32521\/revisions"}],"predecessor-version":[{"id":32523,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32521\/revisions\/32523"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/32522"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=32521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=32521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=32521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}