Crypto Hedge Fund Split Capital Winds Down After 100% Returns; Ebtikar Moves to Plasma – Bitcoin News
Key Takeaways: Zaheer Ebtikar shut down Split Capital after delivering over 100% net returns since its January 2024 launch. Ebtikar cited $100 billion in venture funding and spot ETFs from BlackRock and Fidelity as reasons the hedge fund model is broken. As Plasma’s new CSO, Ebtikar will lead go-to-market strategy for the Plasma One stablecoin…
