Token

2024

Solana

Gains

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/impressive-gains-for-pantera-capitals-crypto-portfolio-in-q1-2024/" data-wpel-link="internal">Impressive Gains for Pantera Capital’s Crypto Portfolio in Q1 2024</a> 
Professionals’ performance in their <a href="https://coin-turk.com/ripple-cephesinde-dikkat-ceken-detay-xrp-fiyatini-nasil-etkileyebilir" data-wpel-link="internal">altcoin</a> baskets is always a curiosity for investors, and that’s why whales are monitored. The assumption that they create more accurate strategies justifies this interest. So, what does the Q1 2024 report card of the popular crypto investment firm Pantera tell us? 
<h2 id="professional-crypto-basket">Professional Crypto Basket</h2> 
Pantera Capital‘s Liquid <a href="https://en.coin-turk.com/the-rollercoaster-ride-of-pepe-coin-insights-predictions-and-warnings-for-crypto-investors/" data-wpel-link="internal">Token</a> Fund achieved a 66% investment return in the past first quarter of 2024, showing interest in assets like Solana that have seen impressive gains. While these gains might seem modest compared to tokens that have increased in value by dozens of times, it’s quite an impressive profit when compared to the funds created by professionals over a three-month period. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-338307 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/pantera-capital-altcoin-sepeti.jpg" alt="" width="946" height="316"> 
Bloomberg recently reviewed a letter sent to shareholders, revealing the details of this impressive gain. The strong performance between January and March was primarily supported by assets like Ribbon Finance (RBN) and Stacks. The money allocated to <a href="https://en.coin-turk.com/bitcoins-best-and-worst-case-scenarios-for-end-of-2024-according-to-chatgpt/" data-wpel-link="internal">Bitcoin</a> and Ether-related tokens gradually decreased over the three-month period. 
Portfolio manager Cosmo Jiang told Bloomberg; 
<blockquote> 
 “We were quite heavy in Bitcoin until the beginning of the year and we have meaningfully reduced this Bitcoin position every month. I’m happy about this.” 
</blockquote> 
<h2 id="altcoin-basket">Altcoin Basket</h2> 
RBN has increased about fourfold so far this year, and <a href="https://en.coin-turk.com/three-analysts-issue-short-term-bearish-warning-for-solana-sol/" data-wpel-link="internal">SOL</a> Coin has gained 69.8%. Bitcoin, on the other hand, increased by about 62% during the same period, lagging slightly behind altcoins. The mentioned fund was launched in November 2017 and has a pool of 10-20 cryptocurrencies. The fund, serving accredited investors who can allocate at least $100,000, has historically created a basket focused on <a href="https://coin-turk.com/sidney-powell-ufukta-100x-var-kripto-para-yatirimcilari-havaya-ucacak" data-wpel-link="internal">DeFi</a>. 
Pantera Capital manages $5.2 billion in assets and is one of the few professional firms that discovered crypto early on. It recently launched a $250 million fund to purchase a portion of SOL Coins from FTX. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/impressive-gains-for-pantera-capitals-crypto-portfolio-in-q1-2024/" data-wpel-link="internal">Impressive Gains for Pantera Capital’s Crypto Portfolio in Q1 2024</a></h5>

Impressive Gains for Pantera Capital’s Crypto Portfolio in Q1 2024

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