Steven McClurg is optimistic the U.S. Securities and Exchange Commission (SEC) might greenlight a spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) in the near term, possibly heralding a significant influx of investment dollars.
McClurg is the chief investment officer at Valkyrie, which oversees two ETFs with assets totaling $51.1 million. He believes persistent concerns such as market manipulation and asset pricing, which previously led to the SEC's refusals, have been adequately addressed in recent proposals.
This development aligns closely with the themes to be discussed at Benzinga's Future of Digital Assets conference on Nov. ...