BlackRock Executive: If Asian Asset Allocation Allocates Just 1% to Crypto Assets, It Could Bring Nearly $2 Trillion in Capital Inflows
Odaily News: Nicholas Peach, Head of BlackRock iShares Asia Pacific, stated at the Hong Kong Consensus conference that if traditional investment portfolios in Asia allocated just 1% to crypto assets, it could theoretically bring nearly $2 trillion in new capital inflows to the market, highlighting the immense potential scale of traditional financial capital.
Peach pointed out that as institutional acceptance of crypto ETFs continues to grow in Asia, market expectations for digital assets are shifting. Some asset allocation models have already begun recommending the inclusion of a small percentage of crypto assets in standard portfolios. Based on Asia's approximately $108 trillion household wealth, even a very conservative allocation ratio could have a profound impact on the market.
The assets under management of BlackRock's iShares spot Bitcoin ETF, IBIT, have rapidly grown to approximately $53 billion. Concurrently, regulatory bodies in markets such as Hong Kong, Japan, and South Korea are gradually promoting the launch of a wider range of crypto ETF products. Industry insiders believe that whether capital can smoothly enter the market in the future still depends on the further improvement of investor education and asset allocation frameworks.
