Another day and another billion dollar fund gets Bitcoin fever

Well hello there Guggenheim, we are happy to have you!

(Source: https://twitter.com/Excellion/status/1332878262440140800/photo/1)

Another institution to invest up to $500 million?

Just another day in crypto in 2020.

By the way, do you know who the Guggenheim Fund is?

It's one of the largest funds in the world in terms of assets under management.

They have 270 billion USD under management currently.

If they were to invest $500 million in bitcoin, it wouldn't even be a quarter of 1 percent of their total holdings.

This is how bitcoin gets to $100k.