Pantera bets $300M on crypto treasury firms, says gains could outpace ETFs
Pantera Capital has invested $300 million into crypto treasury companies and put forward its thesis that such firms could offer better returns than crypto ETFs.
Crypto venture capital firm Pantera Capital has invested $300 million into companies with crypto treasuries, predicting that their yields will be better than crypto exchange-traded funds (ETFs).
Pantera’s general partner, Cosmo Jiang, and content head, Erik Lowe, said on Tuesday that the firm believes digital asset treasuries (DATs) “can generate yield to grow net asset value per share, resulting in more underlying token ownership over time than just holding spot.”
“Therefore, owning a DAT could offer higher return potential compared to holding tokens directly or through an ETF.”