Crypto Hedge Fund Split Capital Winds Down as Its Founder Nabs New Gig as an Exec at Stablecoin Startup Plasma
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8 Articles
Bitcoin.com
Cryptocurrency News | Cryptocurrency Prices | Market CapCrypto Hedge Fund Split Capital Winds Down After 100% Returns; Ebtikar Moves to Plasma
Zaheer Ebtikar has shut down Split Capital, the crypto hedge fund he launched in January 2024, and joined stablecoin blockchain startup Plasma as Chief Strategy Officer. 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 […]
Crypto Hedge Fund Split Capital Closes as Founder Pivots to Plasma Stablecoin Infrastructure
Key Takeaways Split Capital founder closes profitable fund despite successful track record Founder assumes chief strategy position at Plasma’s stablecoin platform Crypto hedge fund business model faces declining relevance amid market evolution Stablecoin infrastructure emerges as critical financial technology layer Strategic pivot reflects transition from trading alpha to scalable blockchain platforms The founder of Split Capital has dissolved …
Split Capital, the crypto hedge fund founded by Zaheer Ebtikar, will close operations despite having recorded profitability in 2024 and 2025. Its founder maintains that the traditional hedge fund model no longer makes sense in a more mature crypto market, and now joins Plasma to focus on stablecoins. *** Zaheer Ebtikar announced the closure of Split Capital despite the fact that the hedge fund was profitable in 2025 and with returns of over 100%…
What to remember: Split Capital closes permanently after two years of activity despite net returns above 100%. Zaheer Ebtikar joins Plasma as strategic director to develop a blockchain dedicated to stablecoins. The founder criticizes a crypto-VC sector having raised more than $100 billion without creating sustainable value. A profitable fund that closes its doors Zaheer Ebtikar announces the definitive closure of Split Capital, its hedge fund cr…
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