BlackRock exec says even a 1% crypto allocation in Asia could unlock $2 trillion in new flows
A BlackRock executive suggested a 1% crypto allocation in Asia could generate nearly $2 trillion in new market inflows.Summary
Nicholas Peach, head of APAC iShares at BlackRock, stated during Consensus Hong Kong that rising institutional acceptance of crypto ETFs in Asia could unlock massive capital flows. He calculated that if model advisors recommend just a 1% allocation to crypto across Asia's approximately $108 trillion in household wealth, it could result in nearly $2 trillion of inflows, significantly impacting the market. Peach highlighted that this potential stems from the enormous capital pools in traditional finance, noting that Asian investors already contribute significantly to U.S.-listed crypto ETFs. With several Asian markets moving toward launching or expanding local crypto ETF offerings, BlackRock and other asset managers face the task of aligning product access with investor education and strategy to capture this potential.
(Source：CoinDesk)