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: https://x.com/jeffyew_  https://x.com/Monochromeasset  Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack