On-Ramp/Off-Ramp Liquidity for Larger BTC Allocations

Curious to hear from others dealing with significant size in BTC, specifically regarding the liquidity and operational friction of moving between fiat and crypto. Not talking about small retail buys on Coinbase, but when you're looking to deploy or divest anything over, say, mid-six figures USD into $BTC without moving the market unduly, or getting held up for days.

The spreads are one thing – everyone expects to pay for liquidity, but the variability between prime brokers or OTC desks can be quite wide, and not always transparent pre-trade. More pressing for me lately has been the actual settlement times and the Know Your Business (KYB) requirements. Some providers seem to re-verify for every transaction of a certain size, which adds unnecessary delays, and the payout reliability can be spotty. One would think by now these processes would be more streamlined. Is anyone else finding it a constant battle to find a reliable counterparty that doesn't feel like navigating a minefield of compliance hurdles and inconsistent service every time you need to execute a larger block?