Grayscale CEO Michael Sonnenshein Steps Down

• Grayscale CEO Michael Sonnenshein resigned, will be replaced by Peter Mintzberg on Aug. 15.

• “Michael guided the firm through exponential growth & oversaw its pivotal role in bringing spot bitcoin ETFs to market,” Barry Silbert, CEO of parent company Digital Currency Group, wrote on X.

Michael Sonneshein, CEO of digital asset investment firm Grayscale, has stepped down from the role after 10 years with the firm.

Sonnenshein’s replacement is Peter Mintzberg, who is currently head of strategy for asset and wealth manager at Goldman Sachs. Mintzberg, who previously worked at BlackRock, OppenheimerFunds and Invesco, will assume his new role on Aug. 15, Grayscale announced on Monday.

“Michael guided the firm through exponential growth & oversaw its pivotal role in bringing spot bitcoin ETFs to market, leading the way for the broader financial industry,” Barry Silbert, CEO of Grayscale’s parent company Digital Currency Group, wrote on X.

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