Investors
Provide capital; hold trust units.
Security-like Bitcoin exposure
Onramp Bitcoin Trust
Vaulted by Multi-Institution Custody. In-kind creations/redemptions. Optional withdrawal to self-custody.
The Trust is designed for:
- U.S.-based family offices and RIAs needing a qualified investment vehicle.
- ERISA-sensitive & pension-adjacent clients who prefer a clearly structured vehicle over direct bitcoin custody.
- Institutional investors seeking bitcoin exposure through a U.S.-domiciled legal wrapper.
- Investors who want trust units rather than physical custody or exchange-traded products.
Advantages
Advantages of a Trust Structure
You can subscribe or redeem using bitcoin or USD, depending on your jurisdiction and operational setup. Both methods are structured for institutional clarity and regulatory alignment.
Bitcoin Exposure with Structural Simplicity
- Gain exposure to bitcoin without setting up and securing cold wallets.
- No need to manage multisig keys or coordinate third-party custodians.
Multi-Institution Custody Vault
- Underlying bitcoin is held in Multi-Institution Custody vaults.
- 2-of-3 multisig structure across separate regulated keyholders.
- Key security without single-point-of-failure risk.
In-Kind Subscription and Redemption
- Subscribe and redeem in bitcoin or USD — no forced conversions.
- Full flexibility for capital deployment, rotation, or rebalancing.
Fiduciary-Ready
- Trust structure provides a clean, auditable path for fiduciaries.
- Independent trustee, manager, and future successor trustee.
- Designed to pass institutional due diligence and compliance screens.
Grantor trust with tax-efficient redemptions
- Structured as a US (Wyoming) grantor trust with pass-through tax treatment.
- In-kind bitcoin redemptions are not a taxable event.
- Tax reporting information provided to all investors.
Bitcoin only
- The Trust invests in spot bitcoin only, with no leverage, no derivatives.
A unique and differentiated solution
The world's best performing asset, stored in the world's best custody solution, made for institutional needs.
Governance
Governance and Controls
- 01
Capital & Legal Vehicle
Who funds the Trust and the structure that holds it.
US-domiciled Trust Wrapper
Legal vehicle for bitcoin exposure and governance.
- 02
Fiduciary Oversight
Who holds legal title and maintains continuity.
Trustee: Onramp Bitcoin Trust
Fiduciary with legal title; oversight and safekeeping.
Successor Trustee: Two Oceans Trust
Pre-named replacement; continuity and resilience.
- 03
Operations
Day-to-day fund administration, reporting, and audit.
Manager: Onramp Bitcoin LLC
Day-to-day operations, reporting, and coordination.
Administrator: Formidium
Fund accounting; NAV, transfer agent, AML/KYC.
Auditor
Independent financial statement audit.
- 04
Custody
Where the bitcoin actually sits — and how it stays there.
Bitcoin Custody: Onramp
Multi-Institution Custody.
Multi-Institution Custody Vault (2-of-3)
Keyholders: Onramp, BitGo Trust, CoinCover (UK), Tetra Trust (CAN).
- 05
Legal Counsel
Independent advisors for U.S. and offshore jurisdictions.
US Counsel: Winstead PC
U.S. legal counsel.
Offshore Counsel: Travers Thorp Alberga
Offshore legal counsel.
Access the Docs
Access the Docs
The following investor materials are available only upon request and subject to eligibility. To request these materials, please contact our institutional team. All documents are provided on a confidential basis, subject to verification of investor status and acknowledgment of non-disclosure terms.
Confidential Private Placement Memorandum (PPM)
In-Kind Contribution Agreement
Amended and Restated Trust Agreement
In-Kind Redemption Agreement
Investor Letter: Institutional Updates
Subscription Docs
Including AML/KYC instructions, W-9/W-8 forms, accredited investor verification, etc.
Next Steps
Schedule a Consultation with our team to discuss how the Trust fits your investment strategy. Compare Access Options if you're still evaluating between direct custody, the Trust, or offshore funds.