BlackRock executive: 1% allocation to crypto assets in Asian markets could unlock $2 trillion in new capital inflows.

PANews reported on February 12th, citing CoinDesk, that Nicholas Peach, Head of iShares for BlackRock Asia Pacific, stated at the Consensus Hong Kong conference that if Asian portfolio models allocated 1% of their assets to cryptocurrencies, it would generate nearly $2 trillion in new capital inflows, equivalent to approximately 60% of the current total market capitalization of the crypto market. Peach pointed out that Asian household wealth is approximately $108 trillion, meaning even conservative asset allocation adjustments could have a significant impact on the digital asset market. He emphasized that the sheer size of funds within the traditional financial system means that significant inflows can occur without large-scale adoption. Peach also noted that Asian investors hold a significant share of US-listed crypto ETFs, and the overall adoption rate of ETFs in the region is rapidly increasing.

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