Trust Experts Reveal the Strategy to Protect Your Bitcoin Fortune
August 20, 2025
This Scarce Assets episode from Onramp Media is a deep dive on Onramp's Bitcoin Dynasty Trust services with David Greene of First Covenant. Hosted by Jackson Mikalic, it walks through why estate planning matters for bitcoin, directed trust structures, how Multi-Institution Custody fits in, setting up a South Dakota trust, costs and accessibility, and gifting, sales, and borrowing against bitcoin.
Onramp Bitcoin Dynasty Trust Services
Full deep dive report from Onramp
Scarce Assets: a biweekly podcast presented by Onramp which delves into the emergent role of bitcoin in finance professionals' strategies and outlooks. Hosted by Jackson Mikalic, Scarce Assets provides invaluable insights for wealth managers aiming to outperform their peers in the decades ahead. Finance professionals everywhere know about stocks and bonds, but the macroeconomic outlook requires that serious investors pay close attention to another category: Scarce Assets.
00:00 – Onramp Bitcoin Dynasty Trusts 03:53 – First Covenant & David Greene’s Background 08:26 – Why Estate Planning Matters for Bitcoin 12:41 – Bitcoin as the “Acorn” Asset 17:41 – Trust Structures & Directed Trusts 25:21 – Multi-Institution Custody (MIC) 32:31 – Trusts as Protocols 38:56 – Setting Up a South Dakota Trust 44:46 – Costs & Accessibility 49:36 – Gifting, Sales & Borrowing Against BTC 57:26 – Implementation & Closing Thoughts 01:02:47 – Outro & Disclaimer
Frequently Asked Questions
Why does estate planning matter specifically for bitcoin?
A dedicated segment covers why bitcoin's bearer characteristics make conventional estate planning inadequate, and why holders need structures designed for an asset that can be irrecoverably lost (08:26).
What is a directed trust and why use one for bitcoin?
The episode covers trust structures and directed trusts (17:41), where the trust's investment decisions stay with a chosen adviser rather than the corporate trustee — and then how Multi-Institution Custody sits inside that structure (25:21).
Why South Dakota for a bitcoin dynasty trust?
A segment walks through setting up a South Dakota trust (38:56), covering the state-law features that make it a common domicile for long-duration dynasty structures.
What does the episode say about costs and borrowing?
Segments cover costs and accessibility (44:46) and gifting, sales, and borrowing against bitcoin (49:36). The episode is educational; Onramp does not provide tax or legal advice.
This episode is editorial and educational content. Onramp does not provide tax, legal, or investment advice. Bitcoin is volatile and may lose value. Past performance does not guarantee future results.