Bitcoin stock -listed funds investors are not following a clear trend in recent days.
Fluctuations in capital flows Evidence uncertainty about the immediate future of digital currencymarked by macroeconomic factors and the impact of events on global markets.
Yesterday, January 28, the Bitcoin ETF in cash in the United States Stock Exchange They registered a tiny net capital of 18 million dollars. Although this figure indicates a slight positive flow, contrasts with the trend of the last week, in which revenues of 4,166 million dollars accumulated, followed by a massive withdrawal of 457 million dollars in a single day, according to Soso Value data.
This behavior reinforces the lack of clear direction in the market. Monday’s day closed with a neutral result, which suggests that investors are still clear about the evolution of Bitcoin’s price.
The impact of Deepseek and the macroeconomic environment
One of the factors that has generated volatility in financial markets, including digital assets, It is Depseek’s emergence, a Chinese artificial intelligence startup.
Its Deepseek-V3 model, with 671,000 million parameters and developed with just 5.5 million dollars, challenged the dynamics of technology investment, affecting companies established in the sector and generating a chain reaction that reached Bitcoin and cryptocurrenciesas reported by cryptootics.
In addition, the expectation around interest rates in the United States adds uncertainty. Today a new decision of the Federal Reserve will be announced (Fed), followed by a speech of its president, Jerome Powell.
In 2024, the Fed made three consecutive cuts of 0.25% in December, 0.25% in November and 0.5% in September, What brought interest rates to the current range of 4.25%-4.5%. These adjustments have been key in the performance of financial markets, including Bitcoin.
Expectation about the Fed Decision
The market expects the Fed to maintain rates without changes, a possibility backed by 99.5% of the CME Group projections. However, This will be the first monetary policy meeting under the presidency of Donald Trump, who has urged to reduce “immediate” rates.
Despite the political pressure, the Federal Reserve has indicated that the rhythm of cuts in 2025 will be more moderate. With Trump in power, investors could take A cautious posture until there is greater clarity about the direction of monetary policy and its impact on markets.
Indecision in Bitcoin ETF reflects a pause market, attentive to macroeconomic movements and the evolution of the technological sector. With the Fed meeting and expectations about the future of interest rates, investors could define a clearer course in the next few days. Until then, volatility and caution will continue to mark Bitcoin’s behavior in the financial market.