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OTCbid - What's Next For Bitcoin ETFs? Cathie Wood, ARK Invest Experts Weigh In

 

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" The cryptocurrency industry eagerly awaits the next decision from the Securities and Exchange Commission after a U.S. court ruling a week ago regarding Grayscale Investments (GBTC). Experts believe the ruling moves the U.S. another step closer to getting its first bitcoin exchange traded fund.

"We're really excited about some of the breakthroughs in the regulatory landscape when it comes to crypto," Cathie Wood, ARK Invest CEO said during the "In The Know with Cathie Wood" podcast episode released late Friday.

 

"It certainly has been a tremendous week, in the news, for the cryptocurrency and the exchange traded fund industry," said Tom Staudt, ARK Invest (ARKK) COO.

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A spot bitcoin ETF would allow investors to gain exposure to bitcoin on traditional markets without having to directly own the cryptocurrency. Staudt pointed out that the court decision did not say the fund had to be allowed to convert to an ETF nor did it grant approval by itself. "It simply said the SEC has to go back and review its ruling on that fund." ” - Read More

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Source:​ NEWSbtc

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250K+ BTC BUYER IN US

-8% Gross, -5% Net, USDT Erc20, L2L, Escrow, US

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NEW: 500K BTC with R&E @ -9% Gross, -6% Net, B2B, Bank Transfer, United Arab Emirates or Switzerland - Look For Seller

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 (Buyer : BNGUY KLUY-LINK)

Post: 6.9.23     

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• Institution Buyer is looking for 500K+ BTC @ -9% gross, -6% net

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• Buyer = 6% 

• Buyerside = 1.5% 

• Sellerside = 1.5%​​

• First tranche = 5000 BTC

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• BUYER:

• We pay by bank transfer from the United Arab Emirates or Switzerland, we adapt to where your company wants to receive the money. (USD/AED/CHF). If we check your liquidity we can pay in advance. Okay.

• We pay through the Corporation and we can pay anywhere in the world.

• With the premise of agreeing a purchase price beneficial to both parties WIN - WIN.

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• We are buying by Investment Agreement.

• We are ready to provide documentation: Director's Passport, CIS, Certificate, etc. Basically what is needed for such type of Operation. All the documentation wil be sent by E-mail to the e-mail address of the person who wil be in charge of the management.

• The Due Diligence of our information is being done on other Platforms within a maximum periodof 3hours and that means that the first day we can do the first tranche.

• We, in accordance with the Contract, wil be investing in OTC businesses.

• The Contract must be 500,000 BTC with Rolls & Extension. Everything will depend on the liquidity they have.

• We are a VIP client (Institutional) that can move billions, if your OTC (Over-the-counter) department finds a way to work with us it will be a pleasure, since we are doing it on other Platforms buying with the objective to diversify the Trust Portfolio.​​​​

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• PROCEDURE:​

• 1) Seller provides public address of the wallet for purchase.

• 2) SELLER shall perform with a Satoshi from the wallet _ to buyers wallet

• 3) BUYER AND SELLER SIGN A BITCOIN BUY/SELL CONTRACT (BTC) AND A SECOND INVESTMENT CONTRACT.

• 4) Buyer is performing with POF during the verification of sellers BTC wallet.

• 5) Upon authenticating the Satoshi and the contents of the Investment Receiver’s BTC wallet, EachParty submits the Investment Agreement to the Bank and, based on the “Bank-to-Bank” principle, conducts compliance for the entire scope of the Agreement.

• 6) After signing contracts and verifying POC /POF seller should repeat satoshi second time from same wallet: _ .

• 7) BUYER shall transfer the first tranche of minimum 5000 BTC equivalent in USD/ AED / CHF to the account of the SELLER within 24 hours. If payment goes to next banking day – seller repeats Satoshi right before payment as per p.2 (by this moment Company is fully ready for immediate payment).

• 8) After the Payment is effected the BUYER provides Payment Documents for the SELLER.

• 9) Upon confirmation of receipt of the BUYERS cash transfer to the SELLER/reflection on SELLERS account - the SELLER shall immediately release the agreed amount of BTC to the BUYERS DEAL wallet:

• 10) SELLER shall provide video or screenshot of online banking any moment of BUYERS request.

• 11) The SELLER shal then provide the screenshots to the BUYER and to consultants as a proof that the BTC has been sent.

• 12) Upon completion of the transaction, both parties sign the affidavit of successful settlement.

• 13) Parties agree to increase Investment amount up to the equivalent value of _ BTC as soon as the first tranche of funds have been successful y transferred to the Investment Receiver.

• 14) The Parties shall mutually agree on the tranche schedule going forward.

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• SELLER 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