CoinShares: Jean-Marie Mognetti to replace Jared Demark as sponsor CEO on Aug. 30
Jared Demark, chief executive of CoinShares Co., the sponsor of the CoinShares Valkyrie Bitcoin Fund (BRRR), has resigned, and his departure date has been moved up from September 30, 2024 to August 30, 2024. Jean-Marie Mognetti, CEO and co-founder of CoinShares International Limited, the sponsor's parent company, will become principal executive officer of the sponsor on that date. The filing does not state any change to the fund's investment strategy or fees.
Key points
- Jared Demark's resignation as principal executive officer of the Sponsor takes effect August 30, 2024, earlier than the previously reported September 30, 2024.
- Jean-Marie Mognetti will serve as principal executive officer of CoinShares Co., the Sponsor, on the Effective Date.
- Mognetti co-founded CoinShares International Limited in 2014 and previously was a quantitative trader at Hermes Commodities Fund Managers.
- The report is dated August 28, 2024.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 28, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.