Pantera Bitcoin Fund Hits 1,000X Return, Predicts BTC At $740,000 By 2028

Benzinga11-27

Pantera Bitcoin Fund has achieved a monumental milestone, delivering a lifetime return of 1,000x, or 131,165% net of fees, since its inception. What Happened: Pantera's founder, Dan Morehead, remains ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPantera Bitcoin Fund Hits 1,000X Return, Predicts BTC At $740,000 By 2028\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-27 01:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/24/11/42196910/pantera-bitcoin-fund-hits-1000x-return-predicts-btc-at-740000-by-2028><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pantera Bitcoin Fund has achieved a monumental milestone, delivering a lifetime return of 1,000x, or 131,165% net of fees, since its inception.\nWhat Happened: Pantera's founder, Dan Morehead, remains ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42196910/pantera-bitcoin-fund-hits-1000x-return-predicts-btc-at-740000-by-2028\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EZBC","symbol_name":"Franklin Bitcoin ETF","start_time":0,"source_url":"https://www.benzinga.com/markets/cryptocurrency/24/11/42196910/pantera-bitcoin-fund-hits-1000x-return-predicts-btc-at-740000-by-2028","article_id":"2486882464","we_media_id":null,"thumbnails":["https://www.benzinga.com/files/images/story/2024/11/26/bitcoin-shutter3.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486882464","pubTimestamp":1732643900,"sourceInfo":{"source_id":"Benzinga","name":"Benzinga Cypto"},"weMediaInfo":null,"summary":"Pantera Bitcoin Fund has achieved a monumental milestone, delivering a lifetime return of 1,000x, or 131,165% net of fees, since its inception.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"EZBC":"Franklin Bitcoin ETF","BK4601":"加密货币现货ETF","ARKB":"ARK 21Shares Bitcoin ETF","BTCO":"Invesco Galaxy Bitcoin ETF","HODL":"VanEck Bitcoin Trust ETF","CAGR":"California Grapes International, Inc.","BTCW":"WisdomTree Bitcoin Fund","BK4585":"ETF&股票定投概念","GBTC":"Grayscale Bitcoin Trust","BK4594":"比特币ETF概念","BITO":"ProShares Bitcoin ETF","BTC":"Grayscale Bitcoin Mini Trust","FBTC":"Fidelity Wise Origin Bitcoin Fund","BK4588":"碎股","BRRR":"Valkyrie Bitcoin Fund","BITB":"Bitwise Bitcoin ETF","BK4159":"经销商","DEFI":"Hashdex Bitcoin ETF"},"translate_title":"潘迪拉比特币基金回报率达到1,000倍，预计到2028年BTC将达到740,000美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HODL":1,"GBTC":1,"FBTC":1,"EZBC":1,"DEFI":1,"CAGR":1,"BTCW":1,"BTCO":1,"ARKB":1,"BTC":1,"BRRR":1,"BITO":1,"BITB":1},"content_text":"Pantera Bitcoin Fund has achieved a monumental milestone, delivering a lifetime return of 1,000x, or 131,165% net of fees, since its inception.\nWhat Happened: Pantera's founder, Dan Morehead, remains bullish on Bitcoin's BTC/USD long-term potential, projecting the cryptocurrency could reach $740,000 by April 2028.\n\"This milestone reflects not only Bitcoin's incredible growth but also the fundamental belief in its transformative power,\" Morehead stated. \"When we launched this fund, our goal was to capture the asymmetric opportunities Bitcoin presents. We're just getting started.\"\nBitcoin's price rally since the U.S. election has further bolstered Pantera's confidence. Institutional adoption, driven by regulatory clarity and offerings from financial giants like BlackRock Inc. and Fidelity, is creating a gateway for tens of millions of investors to enter the market.\nMorehead said that while 95% of global financial wealth has yet to engage with blockchain, this dynamic is poised to change rapidly.\n\"Blockchain is no longer an experimental technology,\" he said. \"With regulatory headwinds turning into tailwinds, the shift from skepticism to adoption is happening right before our eyes.\"\nThe fund’s success is underpinned by an 11-year compound annual growth rate (CAGR) of 88%.\nAlso Read: Bitcoin Correction Could Go As Deep As $88,700 But $125,000 Year-End Target Remains In Play, Says Standard Chartered\nWhy It Matters: According to Morehead, the growth trajectory of Bitcoin remains compelling, with historical data suggesting it doubles almost every year.\nHe highlighted the increasing ease of access to Bitcoin through ETFs and institutional channels, which he believes will drive demand exponentially.\nPantera's long-term outlook envisions Bitcoin reaching a market capitalization of $15 trillion, equivalent to $740,000 per coin, by 2028. \nWhile acknowledging that market dynamics could delay this target by a few years, Morehead remains optimistic about Bitcoin's future role as a global financial asset.\nReflecting on Bitcoin's journey, Morehead recalled the early challenges of convincing investors to back the fund during bear markets. \n\"We've faced skepticism, regulatory uncertainty, and market volatility,\" he said. \"But the core thesis remains intact: Bitcoin offers a democratized and borderless financial system.\"\nRead Next: \n\nBinance Founder Changpeng Zhao Says Meme Coins Are Getting ‘A Little Weird’ — But Dogecoin, Shiba Inu Aren’t The Culprits\n Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2486882464"}