A Gold Finance report stated that the cryptocurrency investment firm Pantera Capital announced that its launched Pantera Bitcoin Fund has increased over 1000 times to date. The fund rose an additional 30% after the U.S. presidential election, and the fund's current lifetime return rate is 131,165%—after fees and expenses. The day Pantera Capital chose to launch the Pantera Bitcoin Fund was actually the lowest point in the past eleven years. In 2013, Pantera purchased 2% of the world's Bitcoin. Additionally, Pantera stated that 95% of financial wealth has not involved blockchain. These institutions are just beginning this massive shift. When they do, the price of Bitcoin could reach $740,000.