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.