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Will my YouTube video ads run on Podspun?

Only when your source is YouTube, and only when the channel is set to Ads play. Each YouTube channel has a How videos play setting (in Podspun.com Setup) with three modes.

Normal play uses our interactive player with the live synced transcript; YouTube does not run ads on that kind of player. Ads play uses YouTube's standard click-to-play player, which is the kind YouTube can run ads on, so pick this if ad revenue matters (the trade-off is the transcript no longer highlights live). Link out to YouTube sends viewers to YouTube to watch.

When ads do run, the revenue goes to YouTube and the video owner. Podspun does not add, control, sell, or take a share. Even on Ads play, YouTube decides ad availability play by play, so no single play is guaranteed an ad, and your video needs to be monetized in YouTube Studio.