diff --git a/package.json b/package.json
index 9d2f9e8539..50eadc3b73 100644
--- a/package.json
+++ b/package.json
@@ -82,7 +82,7 @@
         "jsrsasign": "^11.0.0",
         "katex": "^0.16.0",
         "lodash": "^4.17.21",
-        "matrix-js-sdk": "34.4.0-rc.0",
+        "matrix-js-sdk": "34.4.0-rc.1",
         "matrix-react-sdk": "github:matrix-org/matrix-react-sdk#develop",
         "matrix-widget-api": "^1.8.2",
         "react": "17.0.2",
diff --git a/yarn.lock b/yarn.lock
index 09ece7bebe..e62cb7bc92 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -8127,10 +8127,10 @@ matrix-events-sdk@0.0.1:
   resolved "https://registry.yarnpkg.com/matrix-events-sdk/-/matrix-events-sdk-0.0.1.tgz#c8c38911e2cb29023b0bbac8d6f32e0de2c957dd"
   integrity sha512-1QEOsXO+bhyCroIe2/A5OwaxHvBm7EsSQ46DEDn8RBIfQwN5HWBpFvyWWR4QY0KHPPnnJdI99wgRiAl7Ad5qaA==
 
-matrix-js-sdk@34.4.0-rc.0:
-  version "34.4.0-rc.0"
-  resolved "https://registry.yarnpkg.com/matrix-js-sdk/-/matrix-js-sdk-34.4.0-rc.0.tgz#84534b3ab0aece184534f964fde76e6c31bc5d54"
-  integrity sha512-m6IYqnmLVie9qm43Syf4jM6y7zkCj6NpPo3gQnx+/mKFXsiDDYJ8HlQOaWebW2LaMk+dUbbu/zZLWD3C+byH+Q==
+matrix-js-sdk@34.4.0-rc.1:
+  version "34.4.0-rc.1"
+  resolved "https://registry.yarnpkg.com/matrix-js-sdk/-/matrix-js-sdk-34.4.0-rc.1.tgz#65372e88ed556ff1ef697f547eda04afb81886df"
+  integrity sha512-ACQeI5YKv0sB22XObbBqIwNznmpotWKmERCFfeoVd/Ig2rK/SQCUKolCy2khFkucA8QY88iWPnlJC3+yJrHkXA==
   dependencies:
     "@babel/runtime" "^7.12.5"
     "@matrix-org/matrix-sdk-crypto-wasm" "^7.0.0"