With bitcoin headed up on its roller-coaster ride towards $20K and yet another multi-billion-dollar fund looking to invest in BTC, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

This episode is sponsored by Crypto.com, Nexo.io and this week’s special product launch Allnodes

Today's stories:

Despite 12% Crash, Bitcoin Looks Set to Make Highest Monthly Close Ever 

A record monthly close could be a harbinger of more profound price gains to come, according to analysts.

Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC

The Guggenheim Macro Opportunities Fund will now be able to invest up to 10% of its net asset value in the Grayscale Bitcoin Trust.

How Bitcoin Development Is Evolving – and What's Behind It Markets 

Bitcoin price spikes grab headlines, but the asset's long-term value depends on its developers – and what drives them.

Bolivian Cattle Ranch Will Be Tokenized to Open Up Business to Investors

The token is being claimed as the first blockchain-based financial instrument in Switzerland to hold an International Securities Identification Number.