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Q1 Investor Update + Market Outlook

by | Apr 23, 2026

You can now watch the full recording of our exclusive investor webinar featuring Dean Serroni (CEO), Gabriel Carey (Executive Director), and myself.  In this session, we covered:

  • MTC fund update – performance drivers, recent volatility, and how we’re positioned today
  • Why crypto is outperforming – a sharp reversal from pre-conflict underperformance, with oversold conditions meeting accelerating institutional capital flows
  • Has the bottom formed? – why we believe the majority of the downside may have already been realised, and what signals we’re watching
  • Institutional adoption accelerating – ETFs, platforms and large allocators entering the space
  • Where we are in the cycle – framing the opportunity through both the macro cycle and Bitcoin’s 4-year halving cycle
  • The debasement trade & Bitcoin’s role – how we think about Bitcoin as digital gold in the current macro backdrop
  • BAG fund overview – how Bitcoin and gold work together within the strategy
  • Outlook for the months ahead – balancing risk while positioning for upside

Click below to watch the replay and stay informed on how we’re navigating the evolving crypto landscape in 2026

If you have any questions about the digital asset space or would like to explore adding crypto to your portfolio, feel free to reach out at any time – we’d be happy to have a conversation.

Get in touch to discuss how digital assets fit in your portfolio:

www.merkle.com.au or  [email protected]

💡Why We Exist – Giving You Confidence in Crypto

Accessing digital assets is hard. From self-custody risks to tax complexity and misinformation, the hurdles are high. That’s why we built an actively managed unit trust to help investors confidently access the most promising digital assets — the ones we believe will underpin the future of the financial internet over the next 5–10 years.

Our investors gain exposure to a diversified portfolio of high-quality crypto assets — without needing to manage wallets, exchanges, or tax chaos. We aim to simplify the experience, reduce risk, maximise potential yield, and bring institutional-grade risk management to every investor.

🧠 SMART

  • Actively managed portfolio, aiming to enhance risk-adjusted returns
  • Disciplined asset selection, with a long-term, buy-and-hold bias
  • Yield from staking to help offset fees
  • Simple access — no wallets, passwords, or crypto admin require

🔒 SECURE

  • Institutional-grade custody with Coinbase Custody
  • Staking conducted in insured cold storage
  • Comprehensive counterparty due diligence
  • Assets remain fully segregated and secure

🪙 CRYPTO

  • Blockchain removes intermediaries, reducing cost and improving efficiency
  • Transparent and borderless financial infrastructure
  • Unlocking new use cases in payments, identity, infrastructure and beyond