Summary
- Pantera Capital said that despite Bitcoin prices reaching record highs, it is still not too late to enter the crypto asset market.
- They said that inflows through Bitcoin ETFs are continuing, and that these have exceeded Nasdaq ETF inflows.
- Jiang assessed that going forward market attention will focus on major altcoins such as Ethereum and Solana.

Bitcoin (BTC) prices have continued to surge, reaching record highs, but there are claims that market entry is still not too late.
Cosmo Jiang, managing partner at Pantera Capital, said.
According to Cointelegraph on the 7th (local time), Cosmo Jiang, managing partner at Pantera Capital, said in a CNBC interview, "A recent Bank of America survey found that more than 60% of all investors still do not hold crypto assets," adding, "'It's not true that 'it's too late to enter the market now'.'"
According to the '2025 State of Crypto' report released in May by the National Cryptocurrency Association, only 21% of U.S. adults own cryptocurrencies, and globally the United Arab Emirates (UAE) is the only country where cryptocurrency adoption exceeds 25%.
Jiang said, "The past few years were a process of getting Bitcoin recognized as an institutional asset," and added, "Now the next phase of the market is a time when major altcoins like Ethereum (ETH) and Solana (SOL) will receive attention."
He also said, "The legislation currently being pursued by Congress is institutionally supporting the digital asset market," and assessed, "Solana has the potential to grow into a next-generation mega tech company."
Jiang emphasized, "Bitcoin is still receiving strong demand, and inflows through exchange-traded funds (ETFs) are continuing," adding, "It is very symbolic that the inflow size into Bitcoin ETFs has exceeded the inflows into Nasdaq ETFs."

Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit

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