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OTCbid - The dream of a US Bitcoin ETF is getting closer



" How much is a Bitcoin really worth?

It is a tough question to answer and one that is made all the more difficult because to date there is no properly constructed Bitcoin exchange traded fund (ETF) trading in the world’s largest market – the United States.

That may be about to change, with Global X looking to register an ETF that will issue and then list shares on the Cboe BZX exchange.

The trust is planned to mostly reflect Bitcoin’s performance and will hold and manage Bitcoin as its main trading asset.

Global X has about $40 billion in its managed assets and more than 80 different products – mostly ETFs and managed funds.

Global X was bought by giant Korean company Mirae Asset Global Investments in 2018, which has almost $700 billion in funds under management. " - Read Full Article


Source: smallcaps



400K BTC BUYER AVAILABLE

" We get asked for millions of BTC from billion-dollar companies. We can do it with multiple sellers and multiple wallets."

- OTCbid

-7% Gross, -4% Net, Bitshield Wallet, MT103, B2B, Bank


Seller Mandate Only - OTCbid.com



NEW: 400K BTC @ -7% gross, -4% net, Bitshield Wallet, MT103, B2B, Bank - Look For Seller

(Buyer : GH JK-Gail)

Post: 29.7.21

​​​​​​

  • A Buyer is looking for 400K BTC @ -7%gross, -4% net

  • Buyer = 4%

  • Buyerside = 1.5%

  • Sellerside = 1.5%

  • First tranche = 1000 BTC

  • Subsequent tranches = 10000 BTC​

​​​​

  • ​PROCEDURE:

  • Seller to show BTC in Bitshield wallet :

  • a.) Seller owns BTC

  • b.) Seller can move BTC.


  • 1. the BTC seller creates a Bitshield wallet.

  • The app can be downloaded from the Google Play Store, then load the 500, 1000 to 5000 BTC for the first tranche to the Bitshield wallet. Send screenshots of the loaded BTC including ID number to the lawyer/trustee/escrow. After verification of the BTC on the Bitshield wallet, seller bank receives a pre-notification MT-199 from the buyer bank. After bank reconciliation, buyer agrees to immediately post a bank transfer SEPA or MT103, including commission for the intermediary.

  • 2. All transfers shall be made via SEPA or MT103 (bank to bank) to Seller's account or attorney/escrow escrow account to be determined by Seller in a timely manner. However, no later than the time of invoicing.

  • 3. After successful receipt of payment, the seller must give the release to his bank officer or trustee to transfer the number of purchased BTC from his Bitshield wallet to the buyer's Bitshield wallet, and both parties declare that the transaction is completed. In the same context, the next transaction is discussed and prepared by both parties. This process is repeated until the contract is completely fulfilled.

  • 4. The contract of sale is considered to be completed once the money is in the possession of the seller and the bitcoins have been transferred to the buyer.

  • 5. If the seller or the buyer violate provisions of the provisionally signed purchase contract, he is obliged to pay a penalty of 3% of the total order value.

  • 6. All parties are obliged to discretion and only pre-agreed persons will be entrusted with it. Any violation will be considered as a breach of contract and will result in the payment of the agreed penalty in the amount of 3%.

  • 7. The seller confirms that the BTC are freely available, free from third party rights and do not originate from criminal activities.

  • 8. The price is agreed as follows: According to the morning fixed price indicated on blockchain.info at 10am New York time, the Buyer shall pay the corresponding price minus the net discount of 4%.

SELLER MANDATE ONLY

Interested parties should contact :

​​

  • OTCbid@gmail.com

  • DM Raymond Chai (on Linkedin)

  • Telegram @OTCbiddotcom

  • Telegram: +1 (786) 632 8577

  • T.me/otc_bid

  • OTCbid.com

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