Miller Opportunity Trust obtains GBTC shares
The Miller Opportunity Trust, owned by the billionaire fund manager, Bill Miller, has entered the cryptocurrency market. The investment fund bought 1.5 million shares of the Grayscale Bitcoin Trust (GBTC).The investment firm filed this with the United States Securities and Exchange Commission. According to the filing, the 1.5 million shares of GBTC cost Miller Opportunity Trust $44.7 million, representing roughly 1.55% of the fund’s total assets.
This latest development doesn’t come as a surprise since Miller has been talking about Bitcoin in recent months. in January, he stated that Bitcoin investment is a suitable risk management strategy considering the current market climate. Later on, he added that he doesn’t see any other asset that has Bitcoin’s liquidity and upside potential.
The investment manager has been looking to take a position in GBTC since February. At the time, the firm said it is seeking to gain exposure to Bitcoin indirectly via the Grayscale Bitcoin Trust.
Cryptocurrencies becoming available to institutional investors
The past year has seen numerous institutional investors take direct and indirect positions in the cryptocurrency market. Some of the institutional investors and corporate entities invested directly in Bitcoin and other cryptocurrencies, while the others bought the shares of GBTC and other crypto funds.Get winning crypto tips in 5 minutes a day
Login or upgrade to Cryptonary Pro
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
Recommended from Cryptonary
