Crypto traders are holding their breath waiting for the United States Securities and Exchanges Commission to approve or reject a first bitcoin ( BTC +3.56% ) spot exchange-traded fund — and one of the issuers, Valkyrie Investments, is anticipating a decision shortly. “We’re expecting the SEC will deem the ETFs effective at close of business on Wednesday and the trading to begin on Thursday morning,” Valkyrie Investments co-founder and CIO Steven McClurg told The Block in an interview. If and when trading begins on Thursday, McClurg expects $200 million to $400 million of investors’ funds coming to Valkyrie’s ETF, and ... (full story)