While many debate the pros and cons of Bitcoin ETFs, joining us for this episode is Jeff Yew, CEO of Monochrome, doing a directly held Bitcoin ETF in Australia. We chat about the fees, the custody, the ethos, being able to contribute bitcoin or redeem bitcoin, institutional adoption and Bitcoin in Australia.

Timestamps:

(00:00) - Intro

(00:53) - Monochrome’s role in bringing Bitcoin ETFs to Australia

(02:48) - Timeline of different Bitcoin ETFs in Australia

(03:58) - Influence of US Spot Bitcoin ETFs on the Australian Bitcoin ETFs

(06:15) - Different types of Australian Bitcoin ETFs and implications for investors

(13:32) - Fee structure of Monochrome (IBTC) Bitcoin ETF

(19:00) - In-kind vs. Cash-create

(24:55) - Loans against Bitcoin ETFs in the future?

(29:05) - Buying Bitcoin on an exchange vs buying Bitcoin ETFs

(31:48) - How does Monochrome store its Bitcoin?

(33:37) - Sponsors

(36:49) - Are institutions good for Bitcoin?

(43:07) - Safety in numbers

(46:53) - Bitcoin adoption in Australia compared to USA

Links:

Sponsors:

Swan.com (code LIVERA)
CoinKite.com (code LIVERA)
Mempool.space

Stephan Livera links:

Direct Held Bitcoin ETF with in kind redemption with Jeff Yew, CEO, Monochrome SLP586 55:58 Share

Stephan Livera Podcast

Shownotes Transcript

Direct Held Bitcoin ETF with in kind redemption with Jeff Yew, CEO, Monochrome SLP586