Guggenheim Fund files to be able to invest up to almost $500 Million in Bitcoin Through GBTC (Grayscale Bitcoin Trust). Guggenheim Funds Trust filed an amendment with the U.S. Securities and Exchange Commission to allow its $5 billion Macro Opportunities Fund gain exposure to bitcoin by investing up to 10% of the fund’s net asset value. A fractal from Paul Tudor Jones hints that Bitcoin price is in an early stage, long-term rally like gold was in the 1970s. There’s now an additional cryptocurrency exchange serving the Malaysian market, after a new Huobi-linked platform announced its launch Friday.
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