Ethfinex Trustless launches OTC exchange
Bitfinex's decentralized partner Ethfinex Trustless has launched an over-the-counter (OTC) exchange that promises to take the trust out of peer-to-peer trading. While Binance, Coinbase, and other big platforms have long had OTC services available to their clients, this is the first service from a decentralized exchange.
Bittrex joins booming OTC market – but who is driving demand?
Bittrex launch an OTC platform as the value over-the-counter trading surges to be on a par with retail exchanges - but where is the demand coming from?
How OTC trading is impacting the bitcoin price
Whales are moving billions on the OTC market every day — transactions that influence the price of bitcoin without ever appearing on an exchange’s order book — a scenario which could affect the SEC approval of a Bitcoin ETF going forward
Wedbush Letter to U.S. Securities and Exchange Commission
Considering the recent evolution of the Bitcoin Investment Trust on the OTC Market, we believe it is in the best interest of our clients and the investing public that desire exposure to bitcoin to have access to an ETF trading at NAV rather than through the premium prices at which GBTC currently trades. We have decided to take an active stance in urging the Commission to consider these comments when evaluating the Bitcoin Investment Trust's approval to move to the NYSE ARCA.
