Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

Macro and Geopolitical Research House

Senior Cryptocurrency Analyst, Steno Research

Mads Eberhardt

Senior Cryptocurrency Analyst

Crypto

<ul><li>It has been just over a month since the first Bitcoin spot ETFs hit the market on January 11th.</li><li>The initial weeks saw a slow start in terms of net inflow into these ETFs, mainly because investments into the two Bitcoin ETF titans from BlackRock’s iShares and Fidelity were lower than expected.</li><li>This situation was made worse by the significant outflow from Grayscale’s Bitcoin Trust ETF.</li></ul>

It has been just over a month since the first Bitcoin spot ETFs hit the market on January 11th.The initial weeks saw a slow start in terms of net inflow into these ETFs, mainly because investments into the two Bitcoin ETF titans from BlackRock’s iShares and Fidelity were lower than expected.This situation was made worse by the significant outflow from Grayscale’s Bitcoin Trust ETF.

Crypto Moves #15 – 90% Likelihood of an Ethereum Spot ETF Approval This Year