Pantera Bitcoin Fund Hits 1,000x Milestone!

Pantera Bitcoin Fund Hits 1,000x Milestone!

The post Pantera Bitcoin Fund Hits 1,000x Milestone! appeared first on Coinpedia Fintech News

Pantera Bitcoin Fund has recently achieved an insane milestone of 1,000x. The post-election surge has taken the fund a further 30% higher.  The Fund’s lifetime return is now 131,165%­, net of fees and expenses. CEO Dan Morehead noted that Massive institutional managers are now offering incredibly cheap, efficient access to anyone with a brokerage account which will allow tens of millions of investors and individuals to get exposure to this important new asset class. He notes that 95% of financial wealth has not addressed blockchain and they are just beginning this massive transformation now.  When they do, bitcoin might be at something like $740,000 /BTC, he noted.