Kathryn Masci also steps onto the sponsor’s board of managers, pairing the finance role with a governance seat.

July 3, 2026

Grayscale Investments has shifted to a shared finance-leadership model, naming two longtime executives as interim Co-Chief Financial Officers after Edward McGee, its finance chief of seven years, decided to step down.

Grayscale Operating, LLC, the sole member of sponsor Grayscale Investments Sponsors, LLC, approved the appointments of Kathryn Masci and Daniel Plourde — both Senior Vice Presidents of Finance — to serve jointly as interim CFOs effective July 2, 2026. McGee, who held the CFO title alongside the principal financial and accounting officer role and a seat on the sponsor’s Board of Managers, is departing the same day.

Masci carries the broadest slate of responsibilities in the transition. Beyond the shared CFO title, she has been appointed to the sponsor’s Board of Managers and will serve as Principal Financial and Accounting Officer of the affected Grayscale vehicles — the signing-officer role that carries certification responsibility for their periodic reports. Plourde shares the interim CFO duties but is not named to the board or the principal-officer post.

Grayscale framed McGee’s exit as a personal decision unconnected to any disagreement with the firm or to its operations, policies, or practices, and said he leaves on good terms. The manager credited his seven years of service.

Both appointments are explicitly interim. Splitting McGee’s combined mandate between two acting co-heads, rather than handing it to a single successor, distributes the workload while the roles are settled; the announcement does not address the search process or a timeline for a permanent appointment.

Kathryn Masci

Masci has spent most of her career inside Grayscale, joining in May 2020 and rising to Senior Vice President of Finance in January 2026 after a series of finance and accounting roles. Before Grayscale she was Assistant Controller at Garrison Capital Inc., a publicly traded business development company, and earlier oversaw financial reporting and accounting policy as a Senior Financial Reporting Associate at Pzena Investment Management. She began at Ernst & Young, working in its Banking and Capital Markets and Professional Practice groups on audit and advisory engagements for financial-services clients. She holds bachelor’s and master’s degrees in accounting from Binghamton University and is a New York-licensed CPA.

Daniel Plourde

Plourde brings a treasury and fund-administration background spanning more than two decades. He joined Grayscale as a Vice President in September 2022, was promoted to Senior Vice President of Finance in January 2026, and has served as Assistant Treasurer of the Grayscale Funds Trust since 2025. His earlier roles include Vice President at Gabelli Asset Management and of the Gabelli Funds Trusts, and Vice President at State Street Global Advisors, where he was also Assistant Treasurer of the SPDR ETF Trusts. He earned an MBA with an accounting concentration from the University of Massachusetts Boston.

One change, six vehicles

The change reaches across a wide slice of Grayscale’s product shelf. It was reported in parallel for six of the firm’s crypto vehicles:

• Grayscale Ethereum Classic Trust (ETCG)
• Grayscale Zcash Trust (ZCSH)
• Grayscale CoinDesk Crypto 5 ETF (GDLC)
• Grayscale Litecoin Trust (LTCN)
• Grayscale Bitcoin Cash Trust (BCHG)
• Grayscale Horizen Trust (HZEN)

Because these vehicles share the same sponsor and manager entity, an officer change at that entity flows through to each registrant simultaneously, which is why the identical announcement appears across the group.

Five of the six are Delaware statutory trusts registered under Section 12(g) and not listed on a national exchange, with Grayscale acting as sponsor. The exception is the Grayscale CoinDesk Crypto 5 ETF, a Cayman Islands vehicle listed on NYSE Arca, for which Grayscale serves as manager rather than sponsor. The interim appointments apply uniformly regardless of those structural differences, with Masci and Plourde stepping into the finance leadership of the single-asset trusts and the multi-token fund alike.