---
schema_version: "secwatch.filing_event.v1"
accession: "0001999371-24-007464"
form_type: "8-K"
ticker: "BRRR"
cik: "0001841175"
company_name: "CoinShares Bitcoin ETF"
filed_at: "2024-06-14T23:59:59+00:00"
generated_at: "2026-06-01T04:25:11.505961+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CoinShares Valkyrie Bitcoin Fund names new sponsor and officers; Valkyrie Digital Assets exits

## Summary
- Valkyrie Digital Assets LLC withdrew as co-sponsor; CoinShares Co. becomes sole sponsor effective June 14, 2024.
- Leah Wald and Steven McClurg departed as CEO and CIO of former sponsor.
- Jared Demark appointed principal executive officer; Charles Butler appointed principal financial officer and principal accounting officer.
- Trust renamed to 'CoinShares Valkyrie Bitcoin Fund' via Certificate of Amendment to Certificate of Trust.

## SEC filing metadata
- accession: 0001999371-24-007464
- form_type: 8-K
- ticker: BRRR
- cik: 0001841175
- company_name: CoinShares Bitcoin ETF
- filed_at: 2024-06-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841175/000199937124007464/0001999371-24-007464-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841175/000199937124007464/brrr-8k_061424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001999371-24-007464
- JSON: https://secwatch.observer/filing/0001999371-24-007464.json
- Plain text: https://secwatch.observer/filing/0001999371-24-007464.txt

## Key facts
- Executive change
  Leah Wald departed as chief executive officer (principal executive officer) at CoinShares Bitcoin ETF.
  - Action: ceased serving
  - Role: chief executive officer (principal executive officer)
  source text: Leah Wald ceased serving as chief executive officer (principal executive officer) of the Sponsor
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841175/000199937124007464/0001999371-24-007464-index.htm
- Executive change
  Charles Butler was appointed as principal financial officer and principal accounting officer at CoinShares Bitcoin ETF.
  - Action: appointed
  - Role: principal financial officer and principal accounting officer
  source text: Charles Butler will serve as principal financial officer and principal accounting officer of the Sponsor
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841175/000199937124007464/0001999371-24-007464-index.htm
- Executive change
  Steven McClurg departed as chief investment officer (principal accounting officer and principal financial officer) at CoinShares Bitcoin ETF.
  - Action: ceased serving
  - Role: chief investment officer (principal accounting officer and principal financial officer)
  source text: Steven McClurg ceased serving as chief investment officer (principal accounting officer and principal financial officer) of the Former Sponsor.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841175/000199937124007464/0001999371-24-007464-index.htm
- Executive change
  Jared Demark was appointed as principal executive officer at CoinShares Bitcoin ETF.
  - Action: appointed
  - Role: principal executive officer
  source text: Jared Demark will serve as principal executive officer of the Sponsor
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841175/000199937124007464/0001999371-24-007464-index.htm

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