---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-24-006871"
form_type: "8-K"
ticker: "GDLC"
cik: "0001729997"
company_name: "Grayscale CoinDesk Crypto 5 ETF"
filed_at: "2024-05-20T23:59:59+00:00"
generated_at: "2026-06-01T12:59:31.657585+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Grayscale appoints Peter Mintzberg as new CEO; Michael Sonnenshein steps down

## Summary
- Michael Sonnenshein steps down as CEO of Grayscale Investments immediately.
- Peter Mintzberg named CEO effective August 15, 2024; will also join board.
- CFO Edward McGee to serve as interim principal executive officer until Mintzberg starts.
- Mintzberg joins from Goldman Sachs (Global Head of Strategy for Asset and Wealth Management).
- Mintzberg has over 20 years of experience at BlackRock, OppenheimerFunds, Invesco, and McKinsey.

## SEC filing metadata
- accession: 0000950103-24-006871
- form_type: 8-K
- ticker: GDLC
- cik: 0001729997
- company_name: Grayscale CoinDesk Crypto 5 ETF
- filed_at: 2024-05-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729997/000095010324006871/0000950103-24-006871-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729997/000095010324006871/dp211405_8k-grayscale.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-24-006871
- JSON: https://secwatch.observer/filing/0000950103-24-006871.json
- Plain text: https://secwatch.observer/filing/0000950103-24-006871.txt

## Key facts
- Executive change
  Peter Mintzberg was appointed as Chief Executive Officer at Grayscale CoinDesk Crypto 5 ETF.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the appointment of Peter Mintzberg to serve as Grayscale’s new Chief Executive Officer and the principal executive officer of the Company, and a member of the Board of Directors of Grayscale, effective August 15, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729997/000095010324006871/0000950103-24-006871-index.htm
- Executive change
  Edward McGee changed role as Chief Financial Officer (interim principal executive officer) at Grayscale CoinDesk Crypto 5 ETF.
  - Action: designated as interim principal executive officer
  - Role: Chief Financial Officer (interim principal executive officer)
  source text: Mr. Edward McGee, the Chief Financial Officer of Grayscale and principal financial officer of the Company, will serve as principal executive officer on an interim basis until Mr. Mintzberg’s commencement date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729997/000095010324006871/0000950103-24-006871-index.htm
- Executive change
  Michael Sonnenshein departed as Chief Executive Officer at Grayscale CoinDesk Crypto 5 ETF.
  - Action: stepped down
  - Role: Chief Executive Officer
  source text: Michael Sonnenshein, the current Chief Executive Officer of Grayscale and the principal executive officer of the Company, who has decided to step down from his position, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729997/000095010324006871/0000950103-24-006871-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.