PANews reported on April 8 that according to CoinDesk, people familiar with the matter revealed that Frank Spiteri, head of CoinShares asset management, recently left the cryptocurrency investment management company. His departure was not part of the company's large-scale layoffs. The company is currently recruiting for some positions. Spiteri has more than 20 years of experience in the financial services industry and has worked for CoinShares in London for more than five years. Prior to joining CoinShares, he served as the European distribution and capital markets director of ETF issuer WisdomTree.