Grayscale appoints Diana Zhang as COO effective May 6, 2025

Grayscale CoinDesk Crypto 5 ETF

Diana Zhang appointed COO of Grayscale Investments, effective May 6, 2025, reporting to CEO Peter Mintzberg.
Zhang succeeds Hugh Ross, who is stepping down and will depart by May 31, 2025, after serving as COO since 2021.
Zhang previously held executive roles at Bridgewater Associates for over a decade and was COO of BlockTower Capital.
CEO Peter Mintzberg emphasized Zhang's experience in both traditional and crypto asset management as key to Grayscale's growth.

item 5.02 item 9.01

Executive movements

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Departed

Hugh Ross

Chief Operating Officer

GDLC · Grayscale CoinDesk Crypto 5 ETF

Effective: 2025-05-31
Successor: Diana Zhang
Filed: April 9, 2025, 7:59 PM ET

the current Chief Operating Officer of Grayscale Operating, LLC, who has decided to step down from his position and is expected to remain with Grayscale to assist with the transition of his responsibilities until his departure on or prior to May 31, 2025.

Appointed

Diana Zhang

Chief Operating Officer

GDLC · Grayscale CoinDesk Crypto 5 ETF

Effective: 2025-05-06
Filed: April 9, 2025, 7:59 PM ET

the appointment of Diana Zhang to serve as the new Chief Operating Officer of Grayscale Operating, LLC, effective May 6, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Hugh Ross departed as Chief Operating Officer at Grayscale CoinDesk Crypto 5 ETF.

Action: stepped down
Role: Chief Operating Officer

Exact text from the filing

the current Chief Operating Officer of Grayscale Operating, LLC, who has decided to step down from his position and is expected to remain with Grayscale to assist with the transition of his responsibilities until his departure on or prior to May 31, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Diana Zhang was appointed as Chief Operating Officer at Grayscale CoinDesk Crypto 5 ETF.

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

the appointment of Diana Zhang to serve as the new Chief Operating Officer of Grayscale Operating, LLC, effective May 6, 2025.

View on SEC.gov

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Source: SEC EDGAR

accession 0000950103-25-004587

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