Challenges and Risks in Bitcoin's Governance and Regulation

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

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