Bitcoin ETF Set to Launch in the US Stock Market: Valkyrie’s McClurg

A Bitcoin ETF is set to make its debut in the US stock market, according to Valkyrie Investments co-founder Steven McClurg. McClurg predicts that the Securities and Exchange Commission (SEC) will approve the spot Bitcoin ETF by the end of Wednesday, with trading commencing on Thursday morning. The launch will coincide with the introduction of the first 10 ETFs, which are expected to receive significant inflows of $4 billion to $5 billion in the initial weeks.