RATE Group | Pantera’s Digital Asset Fund Down 72% In 2018, Bitcoin (BTC) ‘Only’ Down 50%
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Pantera’s Digital Asset Fund Down 72% In 2018, Bitcoin (BTC) ‘Only’ Down 50%

06 Oct Pantera’s Digital Asset Fund Down 72% In 2018, Bitcoin (BTC) ‘Only’ Down 50%

Posted at 23:07h in Bitcoin News by

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Pantera Capital Struggles Amidst Crypto Bear Market, Underperforms Bitcoin

Pantera Capital is undoubtedly one of the leading venture funds in the cryptosphere, but its status and fame haven’t helped Pantera’s Digital Asset Fund perform any better in 2018’s tumultuous bear market, which saw many crypto assets fall victim to an 80% haircut in prices.

According to statistics, which were first revealed by CollinCrypto, that have since been spread all across Crypto Twitter, Pantera’s Digital Asset Fund, which solely focuses on promising tokens, has posted a 72.7 percent loss year-to-date and was down 22.3 percent in August alone. The disappointing figures don’t end there, as it was also revealed that the San Francisco-based firm’s crypto fund was down 40.8 percent since its inception, in December…

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