BlackRock executive: If only 1% of Asian asset allocation is allocated to crypto assets, it could bring in nearly $2 trillion in funds.

Nicholas Peach, Head of Asia Pacific at BlackRock iShares, stated at the Consensus conference in Hong Kong that if only 1% of traditional investment portfolios in Asia were allocated to crypto assets, it could theoretically bring nearly $2 trillion in new capital inflows to the market, demonstrating the enormous potential of traditional financial capital. Peach pointed out that as institutional acceptance of crypto ETFs continues to increase in Asia, market expectations for digital assets are changing. Currently, some asset allocation models are beginning to recommend adding a small proportion of crypto assets to standard portfolios. Based on Asia's estimated household wealth of approximately $108 trillion, even an extremely conservative allocation could have a profound impact on the market. BlackRock's iShares Bitcoin ETF, IBIT, has rapidly grown to approximately $53 billion in assets. Meanwhile, regulators in markets such as Hong Kong, Japan, and South Korea are gradually promoting the wider implementation of crypto ETF products. Industry insiders believe that the smooth entry of funds into the market in the future still depends on further improvements in investor education and asset allocation frameworks.