Nicholas Peach, Head of BlackRock's Asia-Pacific iShares division, stated that adding just a 1% allocation of crypto assets to traditional investment portfolios in the Asian market could bring nearly $2 trillion in capital inflows to the crypto market. With the growing popularity of ETFs in Asia, BlackRock's U.S. Bitcoin Spot ETF (IBIT) has rapidly grown to approximately $53 billion in assets. Peach pointed out that regulators in regions like Hong Kong, Japan, and South Korea are advancing the development of crypto ETFs, and it is expected that as regulations become clearer, the demand for crypto ETFs in the Asian market will further increase. (CoinDesk) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56615