Bitcoin ETFs cling to $18.44m inflows as BTC awaits FOMC decision near $102k

The funds negotiated in exchange for Bitcoin in the United States spilled the entries on January 28, while Bitcoin recovered $ 102,000, the market for the next FOMC meeting.

According to data From Sosovalue, the 12 ETF Bitcoin returned to net entries on Tuesday, with $ 18.44 million entering the funds. It followed a $ 457.48 million The day before, while the feeling of investors made the risk in the midst of concerns concerning the growing popularity of the application of Chinese AI Deepseek, which contributed to a clear drop In both technological actions and the cryptography market.

All the entries recorded yesterday came from Blackrock’s Ibit, which attracted $ 30.14 million from investors. The Spot Bitcoin Fund currently has total net entries of almost $ 40 billion, while its assets net at $ 58.76 billion.

Meanwhile, Ark and Arkb d’Ark and 21Shares recorded an exit of $ 11.7 million, partially compensating for the entries of the day. The remaining Bitcoin Etf saw zero flows during the day.

The total trading volume for the 12 BTC ETFs amounted to 2.49 billion dollars on January 28 far below 4.8 billion dollars recorded on the previous negotiation day.

After briefly plunging nearly $ 100,000, Bitcoin (BTC) rebounded at around $ 102,000 at the time of the editorial staff. In the past 24 hours, cryptocurrency has been maintained above the six-digit brand while the market provides that the next Federal Open Market Committee (FOMC) meeting should start in less than 13 hours.

According to CME Fedwatch toolThere is a probability of 98.4% that the federal reserve will maintain the unchanged interest rates of 4.25% to 4.50%. Market commentators expect Bitcoin to experience increased downward volatility if the president of the Fed, Jerome Powell, maintains a bellicist position on monetary policy.

Matt Mena, a Crypto research strategist at 21Shares, told Crypto.News that the probability of an increase in rates was “actually zero” given recent instability in stock markets. However, he noted that an unexpected drop in 25 base points could serve as a solid catalyst for a gathering through risk assets, including Bitcoin.