Cryptocurrencies
Crypto Firm Grayscale Turns to Wall Street Alum for New CEO
- Goldman’s Peter Mintzberg will join as CEO in August
- Firm’s Bitcoin ETF has seen outflows of $17.6 billion in 2024
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Michael Sonnenshein is stepping down as chief executive officer of Grayscale Investments after a decade-long stint at the cryptocurrency asset manager, and will be replaced later this year by Peter Mintzberg.
Mintzberg, currently the global head of strategy for asset and wealth management at Goldman Sachs Asset Management, will become the new CEO on August 15, Grayscale said in a press release. In the interim, Chief Financial Officer Edward McGee will lead the firm, Grayscale said.