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Pantera Capital to Launch New Bitcoin Fund for Institutional Investors in Months

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Pantera has been getting a ton of calls from funds and other institutions trying to get into the space.

Rhythm BlockBeats news, on January 27, cryptocurrency fund management company Pantera Capital is working on launching a new Bitcoin fund targeting heavyweight institutional investors. Chief executive Dan Morehead said the new fund could launch in the "coming months."

It is understood that Pantera Capital is now operating some funds, including a Bitcoin fund and a Only IC0 funds, the returns are about 299% and 500%. Pantera Capital currently has more than $1 billion in assets.

Dan Morehead said Pantera's new fund will be better suited to multi-asset class institutional investors.

“We’ve really seen an inflection point with more people entering the market over the last few months,” Morehead said. "We've had a ton of calls from endowments and others trying to get in on this."