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OTCbid - Hedge fund manager Anthony Scaramucci's SkyBridge Capital to file for a bitcoin ETF



" Anthony Scaramucci’s SkyBridge Capital has teamed up with investment firm First Trust Advisors to apply for regulatory approval for a bitcoin exchange-traded fund.

According to the March 19 filing, the objective of the First Trust SkyBridge Bitcoin ETF is to buy and sell bitcoin in a manner that the total value of the cryptocurrency is as close to 100% of the net assets “as is reasonably practicable to achieve.” The ETF will seek to list its shares on the New York Stock Exchange Arca, which specializes in exchange-traded listings.

A ticker symbol has not yet been assigned to the fund.

Scaramucci’s SkyBridge launched a bitcoin fund in December, saying that he expected an “avalanche” of institutional investors to buy crypto in 2021. It only allows accredited investors to subscribe to it for a minimum investment of $US50,000 ($64,565)." - Read full Article


Source: Business Insider





1500-500K BTC SELLER IN USA

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

-10% Gross, -6% Net, Escrow, USA

Buyer Mandate Only - OTCbid.com


NEW: 1500 BTC with R&E to 500K BTC @ -10% Gross, -6% Net, Escrow,, US - Look For Buyer

(Seller : TM...NY)

Post: 24.3.21

  • Seller is selling 1500 BTC with R&E to 500K BTC @ -10% gross, -6% net

  • Buyer = 6%

  • Buyerside = 2%

  • Sellerside = 2% (closed)

  • First Tranche = 500 BTC

  • Subsequent tranche = 2000 BTC

  • Escrow Fee = Paid by Seller

  • PROCEDURE:

  1. Buyer mandate and seller mandate will communicate the offer and describe the transaction and duties and responsibilities of parties, and the terms and conditions of the forwarded Deed of Agreement.

  2. Once Buyer is cleared and no report of blacklist and non-performance. Upon acceptance of terms and conditions by the BUYER, the agreement will be signed by both parties. Seller shall release current BTC Trezor wallet screenshot as PROOF of BTC availability to the buyer which can be confirmed through blockchain with the wallet number by the Escrow and Buyer.

  3. The SELLER will submit the signed contract to the Attorney Escrow, and then the Attorney Escrow will contact the BUYER via direct email and to confirm from the Buyer that he signed the contract and is RWA to proceed as signed.

  4. Buyer will submit to the Attorney Escrow a copy of Buyer’s signed Deed of Agreement contract for confirmation in order to set up a transaction process. The Buyer will also provide the Buyer’s BTC Wallet Address to The Attorney Escrow.

  5. Once the transaction has been established with the Attorney Escrow, a copy of the Escrow Agreement will be sent to the Buyer and to the Seller.

  6. Buyer signs the Escrow Agreement and sends to the Seller for Seller to countersign. The Buyer will send the signed Escrow Agreement to the Attorney Escrow.

  7. The Attorney Escrow signs the Escrow Agreement and sends a copy via email to both the Buyer and Seller respectively for confirmation that all parties are satisfied with the Escrow Agreement and that all parties are RWA to proceed with the escrow arrangement and its procedures.

  8. The Buyer then requests an invoice from the Attorney Escrow for payment of the BTC, and The Attorney Escrow will email an invoice containing the nominated bank coordinates for the wire transfer of the BTC, the transaction reference code and invoice numbers for each tranche.

  9. The Buyer makes payment and sends a wire copy to The Attorney Escrow for confirmation.

  10. The Attorney Escrow confirms payment in their nominated bank escrow account.

  11. The Attorney Escrow sends via email an instruction letter to the Seller confirming Buyer’s payment and Buyer’s Wallet Address and amount of BTC to transfer for the Seller to immediately transfer the agreed tranche amount of the BTC to the Buyer’s BTC Wallet Address.

  12. The Buyer confirms the BTC received in his wallet that they are fully transmitted and per the agreed tranche amount.

  13. The Buyer then confirms via email to the Attorney Escrow that the BTC has been received as agreed upon and provides an instruction letter stating that the Attorney Escrow is hereby requested by the Buyer to release the payments to Seller and Consultants.

  14. The Seller confirms to the Attorney Escrow and the Buyer that funds have been received and transaction for the tranche is concluded.

  15. For additional tranches, the steps 8- 14will continue until the contract is exhausted.

  • BUYER 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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