Share this article
Guggenheim Registers Fund That May Seek Exposure to Crypto
The Guggenheim Active Allocation Fund could invest in bitcoin derivatives among other assets.
Updated May 9, 2023, 3:20 a.m. Published Jun 2, 2021, 9:05 a.m.
Guggenheim Investments registered a new fund, the Guggenheim Active Allocation Fund, that might seek investment exposure to cryptocurrencies, notably bitcoin, according to a filing with the U.S. Securities and Exchange Commission.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- The fund, expected to be listed on the New York Stock Exchange under the ticker "GUG," will follow an asset-allocation strategy and a relative value-based investment strategy, and may seek exposure to cryptocurrencies, especially bitcoin.
- Exposure would likely be through derivatives, such as futures, or through other vehicles that invest in crypto.
- Guggenheim noted the volatile nature of cryptocurrencies, saying that "it is a highly speculative asset."
- The fund will hold a varying proportion of cryptocurrency, and may hold none at all, the filing said.
- In November, Guggenheim filed to allow its Macro Opportunities Fund to gain exposure to bitcoin.
See also: Guggenheim CIO Says Bitcoin Could Eventually Climb to $600,000
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
BlackRock expands crypto bet with 7 senior hires across U.S. and Asia
The $10 trillion asset manager is staffing up to scale digital asset ETFs, pursue tokenization and identify "first-mover big bets" in Asia.
What to know:
- BlackRock is hiring seven senior digital asset roles, including one in Singapore, to expand its crypto and blockchain strategy.
- One U.S.-based role will help grow the iShares digital asset ETF lineup, including the $70 billion iShares Bitcoin Trust (IBIT), and develop new crypto-linked products.
- The Singapore role will lead BlackRock’s digital asset push across Asia, with a focus on long-term strategy and identifying first-mover opportunities.
Top Stories
