The CIO of $230B AUM Guggenheim Just Called for $400,000 BTC

Breakdown-12.17
17 December 2020

A recap of 5+ insanely bullish stories that got buried in the bitcoin price action.

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This episode is sponsored by Crypto.com and Nexo.io.

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With so much focus on bitcoin’s record-setting price run, a number of huge (and hugely bullish) stories have gotten comparatively short shrift. In this episode, NLW looks at:

  • Ruffer LLP’s $744 million bitcoin buy
  • Hedge Funder Alan Howard and One River’s $1 billion digital assets bet
  • Northern Trust getting into crypto custody
  • Guggenheim Partners’ CIO calling for $400,000 BTC
  • CoinDesk sister company Grayscale as the fastest-growing asset manager in history?

See also: Coinbase Files for IPO

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

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The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.