"Speaking during a panel at Consensus Hong Kong, Peach noted that if advisors recommended just a measly 1% allocation to crypto across standard portfolios in Asia, it could translate into nearly $2 trillion in new capital entering the space, according to CoinDesk reporting. Peach pointed to the scale of household wealth across the region, estimating roughly $108 trillion in total assets, and argued that modest adjustments in traditional investment models could have an outsized effect on crypto markets."
"The comments come as BlackRock continues to see strong demand for crypto exchange-traded funds, particularly through its iShares unit. The firm's U.S.-listed spot Bitcoin ETF, IBIT, has grown rapidly since launching in January 2024 and now holds nearly $53 billion in assets under management. Peach added that Asian investors have contributed significantly to flows into the U.S.-listed crypto ETFs. Regulators in markets including Hong Kong, Japan, and South Korea are also moving toward broader crypto ETF offerings, signaling growing institutional acceptance across Asia."
A 1% allocation to crypto across standard Asian portfolios could translate into nearly $2 trillion of new capital for digital assets. Regional household assets total roughly $108 trillion, so modest portfolio shifts could produce outsized effects on crypto markets. BlackRock is seeing strong demand for crypto exchange-traded funds through its iShares unit; the U.S.-listed spot Bitcoin ETF IBIT, launched January 2024, holds nearly $53 billion. Asian investors have contributed significantly to ETF flows. Regulators in Hong Kong, Japan and South Korea are moving toward broader crypto ETF offerings, increasing institutional acceptance. Bitcoin can provide portfolio insurance for some investors but remains volatile and influenced by leverage.
Read at Bitcoin Magazine
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