On January 28, spot Bitcoin exchange-traded funds (ETFs) in the U.S. saw net inflows of $18.44 million as Bitcoin crossed the $102k mark. The previous day had seen a $457.48 million outflow due to concerns over the Chinese AI app DeepSeek. BlackRock's IBIT attracted the majority of the inflows with $30.14 million. However, ARK and 21Shares' ARKB experienced an outflow of $11.7 million. The total trading volume for the 12 BTC ETFs was $2.49 billion, lower than the previous day. Bitcoin is currently holding steady above $100,000 as the market awaits the Federal Open Market Committee meeting. There is a high probability that the Federal Reserve will maintain interest rates unchanged, but if a rate cut occurs, it could fuel a rally across risk assets, including Bitcoin.



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