# Crypto asset investment products have seen net inflows for two consecutive weeks, and market sentiment has warmed up?
According to CoinShares data, global digital asset investment products recorded a net inflow of $321 million for the second consecutive week. James Butterfield, head of research at CoinShares, said the surge may be driven by a 50 basis point interest rate cut by the Federal Reserve (Fed).
Crypto funds from asset management companies including BlackRock, Bitwise, Fidelity, Grayscale, ProShares and 21Shares continued to rebound after two consecutive weeks of net outflows. Last week, there was an additional net inflow of $321 million, total assets under management increased by 9%, and trading volume also increased by 9% to $9.5 billion.
Do you think this inflow of funds can continue? Welcome to discuss in the comments section!