The ProShares Bitcoin Strategy ETF (BITO) closed at $25.46 on January 30, 2025, up 0.59% as Bitcoin's price surged by 1.30% to $105,065.90. The Federal Reserve's decision to maintain interest rates at 4.25%-4.50% has provided a stable environment for risk assets, including Bitcoin, bolstering investor confidence. Fed Chair Jerome Powell's remarks on banks serving crypto customers have further supported market sentiment. Additionally, Trump Media's announcement to allocate a significant portion of its cash reserves to Bitcoin has injected fresh enthusiasm into the market. The European Central Bank's recent rate cut has also contributed to a more accommodative global monetary policy environment, enhancing Bitcoin's appeal.