BlackRock exec: 1% crypto allocation in Asia could bring $2T inflow

A mere 1% increase in cryptocurrency allocation within Asian portfolios could inject $2 trillion into the market, said Nicholas Peach, head of BlackRock's Asia-Pacific iShares division. Speaking at the Consensus Hong Kong 2026 conference, Peach noted that this inflow would represent about 60% of the current crypto market size, according to CoinDesk. He explained that such a small shift could drive significant innovation. Peach added that the growing acceptance of crypto ETFs among Asian institutional investors is reshaping expectations for the asset class, with some financial advisors now recommending a 1% portfolio allocation to crypto.