The head of BlackRock's Asian division stated that if investors in the region allocate just 1% of their portfolios to crypto, the market could see an inflow of about $2 .
This is nearly 60% of the entire current market capitalization of the crypto industry.
Already, managers in Asia are beginning to allocate minimal crypto holdings, and local investors are actively entering American crypto ETFs.
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#CelebratingNewYearOnGateSquare 💥 BlackRock: Asia Could Bring $1 Trillion to the Crypto Market
The head of BlackRock's Asian division stated that if investors in the region allocate just 1% of their portfolios to crypto, the market could see an inflow of about $2 .
This is nearly 60% of the entire current market capitalization of the crypto industry.
Already, managers in Asia are beginning to allocate minimal crypto holdings, and local investors are actively entering American crypto ETFs.