OTCbid - ETFs Could Rock the Bitcoin World

" What exchange-traded funds did to the traditional investment industry over decades might happen in a fraction of the time for the world of cryptocurrency players.

There is a growing sense that a bitcoin ETF might finally arrive in the U.S. in the not-too-distant future. The nominated chairman of the Securities and Exchange Commission, Gary Gensler, has taught courses on cryptocurrency. The bitcoin market has experienced huge growth in recent months and now has the involvement of some big institutions. VanEck, Fidelity and others are again seeking regulatory approval for bitcoin ETFs.

Already there are indicators of big potential demand. The first bitcoin ETF in North America, the Toronto-listed Purpose Bitcoin ETF, has amassed roughly $1 billion in assets since its February launch. Meanwhile, the Grayscale Bitcoin Trust last week reiterated its longstanding intention to seek to convert its publicly traded bitcoin fund to an ETF." - Read Full Article

Source: WSJ


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

-8% Gross, -5% Net, B2B, Ledger2Ledger

Buyer Mandate Only

NEW: 500K BTC with R&E @ -8% gross, -5% net, B2B, HSBC, UK, USA - Look For Buyer

(Seller : HF...BR)

Post: 20.4.21


  • A Seller is selling 500K BT with R&E @ -8% gross, -5% net

  • Buyer = 5%

  • Buyerside = 1 %

  • Sellerside = 1 % (closed)

  • consultants side group1 = 0.5% (closed)

  • consultants side group2 = 0.5% (closed)

  • First tranche = 3000 BTC


  • PROCEDURE : B2B & Ledger 2 Ledger :

  1. SPA agreement executed by both Parties (Buyer & Seller)

  2. Proof of Funds & Proof of Coins are confirmed

  3. Within 24-48 hours parties begin the Bitcoin Purchase and Sale

  4. Buyer and Seller will agree in Advance to the specified Tranche Schedule.

  5. Per Seller, the first Acceptable Tranche must be for 3,000 BTC.

  6. Buyer agrees to follow and honour the Seller’s Disbursement Agreement

  7. Buyer imitates Ledger-to-Ledger via HSBC

  8. Buyer’s Banker will execute the transfer with Administrative Hold.

  9. Buyer provides a copy of Transfer with Wallet Address to be credited by Seller.

  10. Seller will provide confirmation that Bitcoin has been credited to the specified Wallet Address provided by Buyer.

  11. Immediately following the confirmed Bitcoin Transfer (6 confirmations) , the Buyer’s Banker will Release the Administrative Hold.

  12. After ALL (BUYER/SELLER/MANDATES AND INTERMEDIARIES) Parties confirmed their Payment, the next agreed to Tranche begins


Interested parties should contact :



  • DM Raymond Chai (on Linkedin)

  • Telegram @OTCbiddotcom

  • Telegram: +1 (786) 632 8577



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