Pantera's Liquidity Token Fund Rotates Back into Altcoins from BTC and ETH

Crypto investment firm Pantera rotates back into altcoins from BTC and ETH for the first time since spring.

The firm moved from altcoins to ETH last year "to try to avoid further drawdowns" but has started to rotate back into some altcoins it believes will "outperform ETH over the coming cycle," according to co-Chief Investment Officer Joey Krug.

The Pantera Liquid Token Fund is a "multi-strategy vehicle that typically invests in 15-25 liquid tokens at any point in time" and is "predominantly driven by a discretionary strategy focused on DeFi and adjacent assets." The fund, which has $198 million in assets under management and 13 tokens in its portfolio, is down 80% in 2022.

The Pantera Liquid Token Fund is back up this month, rising some 47% so far this year, the firm said in an investor call.

Source

Pantera Capital

Ethereum

Related News
Ethereum researcher Max Resnick moves to join Solana development firm Anza Ethereum researcher Max Resnick moves to join Solana development firm Anza
Trump win fuels bitcoin derivatives boom as futures open interest surges over $60 billion Trump win fuels bitcoin derivatives boom as futures open interest surges over $60 billion
Crypto market maker B2C2 taps PV01 to issue its first corporate bond on Ethereum Crypto market maker B2C2 taps PV01 to issue its first corporate bond on Ethereum
Trader who lost $26M to copy-paste error says it’s been ‘max pain’ Trader who lost $26M to copy-paste error says it’s been ‘max pain’
Ethereum Layer 2 Lisk launches mainnet and announces airdrop plans Ethereum Layer 2 Lisk launches mainnet and announces airdrop plans
Latest News More More
2 Days Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
2 Days Ago Fetch.ai launches $10M accelerator for AI agent startups
2 Days Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
2 Days Ago Polkadot-based Phala Network launches Ethereum Layer 2 rollup
3 Days Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open