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

Pantera Capital mentioned that when it launched the Bitcoin Fund in 2013, it was at the lowest point in the past eleven years and 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 shift. When this shift occurs, the price of Bitcoin could reach $740,000.