Steno Research, a macro and cryptocurrency research firm based in Denmark, has predicted a bullish year for the cryptocurrency market, citing a favorable macroeconomic backdrop. The firm anticipates a surge in inflows into Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded funds (ETFs), reaching $48 billion and $28.5 billion respectively for the year. The growth in ETF inflows is expected to be driven by a combination of positive factors, including an easing regulatory environment, decreasing interest rates, increased liquidity, and the impact of the halving. Bitcoin spot ETFs experienced $35.2 billion in inflows last year, while ETH spot ETFs recorded $26.6 billion. Previously, Steno Research projected that BTC could reach $94,000-$150,000 this year, with ETH potentially climbing to $4,000-$8,000. With the anticipated ETF inflows, the cryptocurrency market is poised for significant growth and further mainstream adoption. ```

#BTC #ETF #ETH