Crypto has been 'validated significantly’ with spot bitcoin ET | • CRYPTO NEWS • #BTC • #ETH •
Crypto has been 'validated significantly’ with spot bitcoin ETF approval, says Pantera Capital exec
This year's approval of spot bitcoin exchange-traded funds in the U.S. has provided substantial validation for the crypto industry, according to Pantera Capital general partner Franklin Bi, as the crypto venture capital firm is raising a new mega $1.25 billion fund. While Bi declined to comment specifically on Pantera's new fund, he told The Block in an interview that this is an opportune time for venture firms, in general, to raise new capital and position themselves to support emerging startups.
