Grayscale appoints Diana Zhang as COO, effective May 6; Hugh Ross steps down

Grayscale Bitcoin Trust ETF

Diana Zhang named COO of Grayscale Investments, effective May 6, 2025, succeeding Hugh Ross.
Zhang brings 18+ years of experience, including executive roles at Bridgewater Associates and BlockTower Capital.
Hugh Ross, COO since 2021, will assist transition until his departure by May 31, 2025.
Zhang will report to CEO Peter Mintzberg and help expand institutional partnerships.

item 5.02 item 9.01

Executive movements

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Appointed

Diana Zhang

Chief Operating Officer

GBTC · Grayscale Bitcoin Trust 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.

Departed

Hugh Ross

Chief Operating Officer

GBTC · Grayscale Bitcoin Trust ETF

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

Ms. Zhang will succeed Hugh Ross, 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.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Diana Zhang was appointed as Chief Operating Officer at Grayscale Bitcoin Trust 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

Executive change SEC 8-K Item 5.02 confidence 0.95

Hugh Ross departed as Chief Operating Officer at Grayscale Bitcoin Trust ETF.

Action: stepped down
Role: Chief Operating Officer

Exact text from the filing

Ms. Zhang will succeed Hugh Ross, 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

Grayscale Bitcoin Trust ETF filing history →

Source: SEC EDGAR

accession 0000950103-25-004588

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