This week we’re joined by Ryan McMillin, co-founder of Merkle Tree Capital, who went from being a crypto sceptic to running a digital assets strategy that went on to become Australia’s best-performing fund in 2023. 

Ryan explains the shift: Bitcoin has become a macro asset, and the real question for investors is how to think about risk, liquidity, and time horizon when prices can swing hard.

We dig into the “debasement trade” and why Ryan pairs Bitcoin with gold as complementary hedges against excess government spending, inflation pressure, and growing sovereign risk. 

If you have been curious about digital assets or how Australian investors are approaching crypto investing via managed funds and ETFs, this episode will sharpen your framework.

Follow Ryan on LinkedIn: https://www.linkedin.com/in/ryan-mcmillin-6896b616/ 
Visit the Merkle Tree Capital website today: https://merkle.com.au/

Enjoyed the episode? Follow Finance Friends Podcast on Instagram, LinkedIn and TikTok for daily updates and more inspiring conversations. Got questions or ideas for future episodes? Send us a DM @financefriendspodcast!