BlackRock: Allocating 1% of Traditional Asian Portfolios to Crypto Assets Could Attract Nearly $2 Trillion in Inflows

Odaily News: Nicholas Peach, Head of iShares Asia Pacific at BlackRock, stated at the Hong Kong Consensus conference that if traditional investment portfolios in Asia allocated just 1% to crypto assets, it could theoretically bring in nearly $2 trillion in new capital inflows. The acceptance of crypto ETFs among Asian institutions is increasing, with some allocation models already recommending a small percentage allocation to crypto. Based on Asia's approximately $108 trillion household wealth scale, even a conservative allocation ratio would have a profound impact. (CoinDesk)