BlackRock says that the inflow of ETF funds into Asia is mainly going to South Korea, with artificial intelligence being the main reason.

BlackRock stated that funds from regional investors flowing into exchange-traded funds in Asia are showing positive inflows, with over half of the funds flowing into the Korean market. Elaine Wu, Head of Investments and Portfolio Solutions for the Asia-Pacific region at the asset management company, stated at a briefing on Wednesday that the funds flowing into the Korean market reflect investors' attempts to seize opportunities driven by artificial intelligence themes and positions, buying on dips.