Form D · Hedge Fund

Pantera Bitcoin Fund Ltd

Grand Cayman, E9 · CIK 0001598389

Offering snapshot reported Nov 14, 2025 · SEC filing

Reported sold
$137M
Indefinite offering
Investors reported
141
Form D · investor count
Minimum accepted
$50K
Reported outside-investor minimum
First sale
Oct 2, 2013
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$68.6M$137MJun 5, 2014: $96,042,177.00Jun 5, 2014Nov 20, 2017: $126,822,489.00Nov 20, 2018: $98,042,468.00Nov 20, 2019: $129,593,444.00Nov 20, 2020: $134,068,725.00Nov 19, 2021: $136,635,702.00Nov 18, 2022: $136,635,702.00Nov 17, 2023: $136,985,732.00Nov 15, 2024: $137,046,620.00Nov 14, 2025: $137,146,620.00Nov 14, 2025

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$137,046,620 → $137,146,620

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Nov 14, 2025Amendment$137,146,620$100,000vs Nov 15, 2024141SEC filing
Nov 15, 2024Amendment$137,046,620$60,888vs Nov 17, 2023141SEC filing
Nov 17, 2023Amendment$136,985,732$350,030vs Nov 18, 2022141SEC filing
Nov 18, 2022Amendment$136,635,702$0vs Nov 19, 2021141SEC filing
Nov 19, 2021Amendment$136,635,702$2,566,977vs Nov 20, 2020141SEC filing
Nov 20, 2020Amendment$134,068,725$4,475,281vs Nov 20, 2019137SEC filing
Nov 20, 2019Amendment$129,593,444$31,550,976vs Nov 20, 2018131SEC filing
Nov 20, 2018Amendment$98,042,468-$28,780,021vs Nov 20, 201790SEC filing
Nov 20, 2017Amendment$126,822,489$30,780,312vs Jun 5, 201459SEC filing
Jun 5, 2014Initial$96,042,177No comparison45SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06c, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-218662

Source: Form D, filed Nov 14, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

PANTERA BITCOIN FUND LTD.

Investment adviser: PANTERA CAPITAL PARTNERS LP

Gross asset value
$585M
Beneficial owners
180
ADV minimum commitment
$100K

Reported in Form ADV on Mar 31, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SECURITIZE FUND SERVICES, LLC MIAMI, Florida, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor COHEN & COMPANY, LTD. CLEVELAND, Ohio, United States
Custodian ANCHORAGE DIGITAL BANK N.A. SIOUX FALLS, South Dakota, United States Related to adviser: No
Custodian BITGO TRUST COMPANY INC. PALO ALTO, California, United States Related to adviser: No
Custodian COINBASE CUSTODY TRUST COMPANY LLC NEW YORK, New York, United States Related to adviser: No
Custodian FIFTH THIRD BANK CINCINNATI, Ohio, United States Related to adviser: No
Custodian INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States Related to adviser: No
Custodian SILICON VALLEY BANK SANTA CLARA, California, United States Related to adviser: No
Marketer TOUCHSTONE GROUP LLC NEW YORK, New York, United States Related to adviser: No
Prime broker BITGO PRIME, LLC PALO ALTO, California, United States
Prime broker COINBASE CUSTODY TRUST COMPANY LLC NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

COHEN & COMPANY, LTD.
PCAOB 925

INTERACTIVE BROKERS LLC
SEC 8-47257

Filing source

Form ADV 2086904 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-8749175995

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Ryan Davis Director
Matthew Gorham Director
Glenn Kennedy Director
Scott Lennon Director
Daniel W. Morehead Director
Pantera Bitcoin Management Llc Director
Pantera Capital Management Puerto Rico Lp Promoter
Pantera Capital Partners, Lp Promoter
Lisa Volekaert Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Elian Fiduciary Services (Cayman) Ltd 89 Nexus Way, Camana Bay
Grand Cayman, E9, KY1-9007