While bitcoin has potential to support a huge valuation long-term, currently
there isn't enough institutional involvement, Said Scott Minerd.
Scott Minerd said he doesn't believe bitcoin's investor base is "big enough"
or "deep enough" to keep price at current levels.
Guggenheim Partners CIO says bitcoin could retrace all the way back to
A recap of 5+ insanely bullish stories that got buried in the bitcoin price
Minerd based his analysis on bitcoin's scarcity and relative value to gold.
Global investment firm Guggenheim Trust Fund filed an SEC application last
Friday to purchase Grayscale's Bitcoin product,...
The Guggenheim Macro Opportunities Fund will now be able to invest up to 10%
of its net asset value in the Grayscale Bitcoin Trust.