Log in

News

Guggenheim’s new fund seeking Bitcoin exposure

Updated: Aug 31, 2024
Published: Jun 2, 2021
0
Share:

Global investment firm Guggenheim wants to launch a new fund that would grant investors exposure to Bitcoin.

Post Feature Image

Guggenheim files Bitcoin fund with the SEC

Traditional financial institutions have been rolling out ways to provide their clients with exposure to Bitcoin and other cryptocurrencies. Guggenheim, one of the largest asset management firms in the world, is looking to expand its presence in the crypto space by offering a new Bitcoin fund.

The firm filed the Guggenheim Active Allocation Fund with the United States Securities and Exchange Commission (SEC). According to the SEC filing, the fund could invest in Bitcoin derivatives alongside other assets.

Guggenheim told the regulator that it would be a diversified, closed-end management investment fund that could also seek exposure to cryptocurrencies like Bitcoin and others. The cryptocurrency instruments Guggenheim could buy include exchange-traded futures, investment tools providing exposure to Bitcoin and cryptocurrency derivative contracts.

“Cryptocurrency is a new technological innovation with a limited history; it is a highly speculative asset, and future regulatory actions or policies may limit, perhaps to a materially adverse extent, the value of the Fund’s indirect investment in cryptocurrency and the ability to exchange a cryptocurrency or utilize it for payments,” Guggenheim added.

However, the investment firm warned its clients that the fund’s exposure to cryptocurrency could lead to substantial losses to the fund since the digital currencies are highly speculative assets. Guggenheim said the fund would diversify its portfolio and could hold a proportion of cryptocurrency or not.

Guggenheim has tasked its chief investment officer (CIO), Scott Minerd, with the day-to-day management of the fund’s portfolio. He will work with the deputy CIO Anne Bookwalter Walsh, director Adam Bloch and managing director Steve Brown.

Guggenheim expanding its presence in the crypto space

This isn’t the first time the investment firm is seeking exposure to cryptocurrencies. In November 2020, the firm filed The Guggenheim Macro Opportunities Fund with the SEC, seeking for the fund to gain exposure to cryptocurrencies. It is unclear if the regulator approved as there is no update from both sides.

The Guggenheim Macro Opportunities Fund sought to invest up to 10% of its net asset value in the Grayscale Bitcoin Trust (GBTC). At the time, the fund held roughly $5 billion in assets under management, and Guggenheim was willing to allocate $500 million into Bitcoin.

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
Big Market Update: What's Next?
PRO
Market Updates
Big Market Update: What's Next?Markets just wrapped a huge week: the Fed cut rates, Big Tech earnings rolled in, and Trump and Xi s...
7 min read
Oct 31, 2025
Market Pulse: Fed Surprise Cools Markets, BTC Tests Lower Range
PRO
Market Pulse
Market Pulse: Fed Surprise Cools Ma...The Fed’s unexpected hawkish pivot and mixed Big Tech earnings have injected fresh tension into mark...
5 min read
Oct 30, 2025
Passive income: 2 single-sided yields on SOL with up to 70% APY
PRO
Research Report
Passive income: 2 single-sided yiel...We came across two yield setups on Solana that just make sense: easy to run, strong returns, and ful...
7 min read
Oct 29, 2025