Michael Sonnhenshein – CEO of the world’s largest Bitcoin ETF, Grayscale – has stepped down from his position, according to a company press release on Monday.
The report said that Sonnhenshein will be replaced by Peter Mintzberg, who currently serves as the global head of strategy of Goldman Sachs’ Wealth Management Division.
Mintzberg will assume his new role on August 15, 2024, and simultaneously join the firm’s Board of Directors. In the interim, Grayscale’s Chief Financial Officer Edward McGee will assume responsibility as the firm’s leader.
“I want to thank Michael for his stewardship of Grayscale, having joined the team in 2014 and serving as CEO since 2021,” said Barry Silbert, founder and CEO of Grayscale’s parent company, Digital Currency Group (DCG). “We wish him the best.”
Sonnhenshein thanked Silbert for their partnership over the past 10 years. “I’m excited for what’s next. In the meantime, Grayscale Team, keep building,” he tweeted on Monda
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