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OTCbid - Bitcoin ETF: The quiet 800-pound gorilla in the room is about to roar

 

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" The general public does not know this yet, but there is no longer any doubt that a Bitcoin spot ETF will come to the US market, writes Charlie McGlynn of XREX. It’s just a matter of when.

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A Bitcoin ETF will likely be approved in the U.S. by the end of 2023. The general public has no idea this is about to happen. Even crypto natives, dismayed by depressed markets and a decade of rejections by the Securities and Exchange Commission, are somehow brushing off the current state of affairs.

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Bitcoin exchange-traded funds have been highly sought after since 2013 when the first application was submitted to the SEC and subsequently rejected. Over the past 10 years, the SEC has denied each of the several dozen ensuing proposals, including over 30 just since 2021. There are currently 10 active applications from major institutions. An uninformed observer may expect more of the same rejection, but this would be naive.

 

Two substantial developments in the past three months have drastically improved the prospects of an approval. Let’s take a look at these developments and consider whether or not a spot ETF could revitalize Bitcoin and lift crypto out of its bear market.” - Read More

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Source:​ Forkast

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300K+ BTC SELLER IN UK

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NEW: 100K-300K+ BTC @ -8% Gross, -4% Net, USDT, ERC-20, UK - Look For Buyer

(Seller : BCD3 KCEO-TELE)

Post: 8.9.23

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• UK Seller is selling 100K-300K+ BTC @ -8% Gross, -4% Net.

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• Buyer = 4%

• Buyerside = 2%

• Sellerside = 2% (closed)

• Minimum order = 100K BTC

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• PROCEDURE : 

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• (1) BUYER and SELLER exchange wallets. 

• (2) BUYER does AB TEST, sends screenshots and hash.

• (3) BUYER and SELLER SIGN CONTRACT and IMFPA. 

• (4) SELLER sends 100 BTC FIRST TRANCHE.

• (5) BUYER pays for 100 BTC with USDT.

• (6) REPEAT with increased amounts and continue tranching until contract exhausted.

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• BUYER MANDATE ONLY

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Interested parties should contact :

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• OTCbid@gmail.com

• DM Raymond Chai (on Linkedin)

• Telegram: +1 (786) 632 8577

• T.me/otc_bid

• OTCbid.com