Pantera Capital Bets $300M on Crypto Treasury Firms, Predicting Higher Yields Than ETFs
Pantera Capital has committed $300 million to companies holding large crypto treasuries, arguing that their performance could outpace traditional crypto exchange-traded funds (ETFs). In a Tuesday note, general partner Cosmo Jiang and head of content Erik Lowe described digital asset treasuries (DATs) as vehicles capable of generating yield that grows ...