CoinVoice has recently learned that the cryptocurrency investment firm Pantera Capital announced 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%, and the fund's lifetime return rate is currently 131,165% (after fees and expenses).
Pantera Capital stated that when it launched its 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 not yet entered the blockchain space, and these institutions are just beginning this massive shift. When this shift occurs, the price of Bitcoin could reach $740,000. [Original link]
