Pantera Bitcoin Fund Hits 1,000x Milestone!
The Pantera Bitcoin Fund recently hit the insane 1,000x milestone. The post-election surge sent the fund’s shares up a further 30%. After fees and expenses, the fund’s lifetime return is currently 131,165%. CEO Dan Morehead noted that Massive Institutional Managers now offers extremely cheap, efficient services to anyone with a brokerage account, which will give tens of millions of investors and individuals access to this important new asset class. He noted that 95% of financial wealth is not yet involved in blockchain and they are only now beginning this massive transformation. He noted that when they do, Bitcoin’s price will likely be around $740,000/BTC.
