Pantera Capital Makes Huge Returns By Investing in Solana, & These Crypto

Pantera Capital Makes Huge Returns By Investing in Solana, & These Crypto

Pantera Capital’s Liquid Token Fund achieved a notable 66% return in the first quarter of this year. The success of the fund was primarily driven by investments in cryptocurrencies such as Solana (SOL), RBN, Aevo, and STX. Particularly, Solana nearly doubled in value during the quarter, significantly contributing to the fund’s gains.
Portfolio manager Cosmo Jiang revealed that the fund strategically reduced its exposure to Bitcoin and Ethereum-linked tokens, citing challenges like reduced odds of US approval of spot-Ether exchange-traded funds. Despite Bitcoin’s surge of 67% in the first quarter, the fund decreased its Bitcoin holdings by more than half over the past three months. With assets totaling $5.2 billion, Pantera Capital, which has been investing in crypto since 2013, offers various products, including the Liquid Token Fund.
Pantera Capital’s Strategic Moves Amidst Crypto Market Dynamics
Pantera Capital’s recent decision to reduce exposure to Bitcoin and Ethereum-li

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