BlackRock executive Nicholas Peach highlighted that a small 1% shift of Asian portfolio allocations into crypto could generate nearly $2 trillion in new capital. BlackRock’s spot Bitcoin ETF (IBIT) has seen rapid growth, driven in part by Asian investors, amid expanding regulatory acceptance of crypto ETFs in Asia. Despite Bitcoin's recent 30% pullback to around $68,000, technical signals suggest near-term price consolidation between $60,000 and $80,000.