Guggenheim Exploring Fund That Could Offer Bitcoin Exposure

According to a recent filing with the U.S. Securities and Exchange Commission (SEC), major global investment firm Guggenheim Investments is exploring a new fund that could seek exposure to bitcoin.

The filing indicates that the Guggenheim Active Allocation Fund, as the new product would be called, could seek to offer bitcoin exposure indirectly.

“The Fund may seek investment exposure to cryptocurrency (notably, Bitcoin), as often referred to as ‘virtual currency’ or ‘digital currency,’ through cash settled derivatives instruments, such as cash settled exchange traded futures, or through investment vehicles that offer exposure to Bitcoin and other cryptocurrencies through direct investments or indirect exposure such as derivatives contracts,” per the filing.

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