Crypto Hedge Fund Split Capital Shuts Down as Founder Joins Plasma

Crypto hedge fund Split Capital has returned funds to its investors and ceased operations. According to NS3.AI, the decision comes as the founder, Zaheer Ebtikar, transitions to a new role at Plasma. This move marks a significant shift in Ebtikar's career, as he joins the team at Plasma, a company known for its innovative approaches in the cryptocurrency sector. The closure of Split Capital reflects broader trends in the crypto hedge fund industry, where market dynamics and investor sentiment continue to evolve.