ZX Squared Capital just celebrated its third anniversary in July. Co-founder and Chief Investment Officer CK Zheng saw Bitcoin as more than just a speculative asset with lots of volatility. Thus, he and his co-founders launched ZX Squared Capital to offer exposure to bitcoin — doing so with half the realized volatility.
As of the end of July, ZX Squared Capital has returned 165% since inception in 2021. Year to date, the fund is up 60%, while it has gained 83% over the last 12 monthsIn the two years since Zheng spoke...