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Gabe Plotkin Plans ETF Comeback After Melvin Capital Collapse

Gabe Plotkin Plans ETF Comeback After Melvin Capital Collapse After closing his hedge fund in the aftermath of the meme-stock upheaval, Gabe Plotkin is exploring a new investment structure, according to Bloomberg. He’s looking to place a portion of his personal holdings into an exchange-traded fund, using a method that has become increasingly attractive for wealthy investors seeking to postpone capital gains taxes. As co-chair of the Charlotte Hornets, Plotkin is expected to contribute most of the starting assets for a proposed vehicle called the Snowball ETF, according to people familiar with...
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May 6, 2026 / Tyler Durden
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Apr 7, 2026 / Tyler Durden
Russia, China Veto UN Res Authorizing Military Force To Reopen Hormuz Strait
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