Grayscale Investments Appoints Sebastian Pulido as Managing Director, Head of Onchain Asset Management

Grayscale Investments, positioned as the world's largest digital asset-focused investment platform, has appointed Sebastian Pulido as Managing Director and Head of Onchain Asset Management in a newly created executive role. Pulido will report directly to Steve Vanourny, Grayscale's Head of Index, underscoring the strategic importance of onchain asset management to the firm's organizational structure and product roadmap.

Pulido's appointment signals Grayscale's commitment to capturing institutional demand for onchain investment solutions. With more than 15 years of experience bridging traditional capital markets and crypto-native infrastructure, Pulido's background encompasses institutional blockchain strategy, tokenization initiatives, and decentralized finance—areas increasingly critical as institutional capital flows into digital assets. His prior role at Aave Labs positions him with direct expertise in decentralized finance ecosystems and institutional product development.

The timing of this appointment aligns with Grayscale's demonstrated market dominance in the first half of 2026. The firm's Grayscale Bitcoin Mini Trust ETF (BTC) ranked first in year-to-date inflows among Bitcoin exchange-traded products, surpassing offerings from the largest traditional asset managers. Across the broader digital asset ETP ecosystem, Grayscale led all competitors in both run-rate revenue and revenue capture during the period. This market leadership provides institutional validation for the firm's strategic direction and product development capabilities.

Recent product launches further illustrate Grayscale's expansion into specialized institutional offerings. The firm introduced the Grayscale Sui Staking ETF (GSUI) and the Grayscale Hyperliquid Staking ETF (HYPG), with the latter achieving particular traction by surpassing $100 million in assets under management within approximately three weeks of launch. These staking-focused products address institutional demand for yield-generating digital asset exposure with professional-grade infrastructure. Pulido's role as Head of Onchain Asset Management will oversee the continued development of such strategies to meet evolving institutional requirements in the digital asset ecosystem.