Pantera Bitcoin Fund's returns exceed 1000 times, with a current return rate of 131,165%

ChainCatcher news, cryptocurrency investment firm Pantera Capital stated that its launched Pantera Bitcoin Fund has increased over 1000 times to date. The surge after the U.S. presidential election further boosted the fund by 30%, bringing the fund's lifetime return rate to 131,165% (after fees and expenses).

Pantera Capital noted that when it launched the Bitcoin Fund in 2013, it purchased 2% of the world's Bitcoin. Additionally, Pantera pointed out that currently 95% of financial wealth has yet to enter the blockchain space, and these institutions are just beginning this massive transition. When this transition occurs, the price of Bitcoin could reach $740,000.