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OTCbid - Valkyrie’s McClurg expects spot Bitcoin ETF approval in November 2023

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" Steven McClurg, co-founder of Valkyrie Investments, believes the U.S. Securities and Exchange Commission (SEC) will approve multiple spot Bitcoin exchange-traded fund (ETF) applications in November 2023. 

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In his assessment, firms have addressed all the issues of market manipulation raised by the regulator. 

 

By McClurg’s estimation, the regulator may send another round of comments to those who submitted for the ETFs in the next one to three weeks, followed by approval of 19b-4 rule changes in November 2023. 

 

However, the market will likely see spot Bitcoin ETFs in February 2024. This comes after McClurg expressed belief in a Bitcoin spot ETF approval by at least Q2 of next year in a recent interview with Forkast. - Read More

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Source:​ CRYPTO

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40K BTC SELLER IN SWITZERLAND

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NEW: 40000 BTC @ -8% Gross, -4% Net, lawyer, Bank in Luxembourg, Monaco, Switzerland, Belgium - Look For Buyer

(Seller : TERIC SPOU-GAIL)

Post: 4.11.23

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• Seller is selling 40000 BTC @ -8% Gross, -4% Net.

• Seller is selling 3900 BTC @ -6% Gross, -2% Net.

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• Buyer = 4%

• Buyerside = 1.5% (open) 

• Sellerside = 1.5% (closed)​

• Intermediary = 1% (closed)​

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• PROCEDURE :

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1. LOI + Buyer’s Company Profile or a letter from (law office or fiduciary) which confirms the interest to buy by their client. LOI must specifying the quantity that the buyer wants to buy, the country and the bank where is the fund. LOI must including the Passport of the responsible person who can sign the contract (Owner or his mandate with written POA Power of Attorney duly signed on his headed letter)

2. CC for confirmation of the sales methodology, presentation of the wallet concerning by the offer, instructions on sending the POF

3. Zoom call between buyer and lawyer’s office

4. At the end of this ZOOM communication, if the buyer and the seller still wish to proceed, we sign an IMFPA by the SELLER and the BUYER for the 2 groups which must be paid by the seller in BITCOINS

5. Satochi

6. The seller receive an invitation to the buyer’s bank. The Seller has a preference for these countries/ Luxembourg, Monaco, Switzerland, Belgium

7. The buyer opening an account with two signatures (buyer and seller)

8. Minimum deposit of €100M

9. Within 30 minutes the BTC are sent to the buyer and the funds are released for the seller

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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) - https://www.linkedin.com/in/raymondchai/

• OTCbid.com

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