Mass Update Quick Action for Asset standard object

Hi all,

I wanted to create a quick action to mass update Asset status, I've created the action, however when I go to the Asset object --> "Search Layouts for Salesforce Classic" --> "List View --> Edit

I can't see the section "List View Actions in Lightning Experience" (which normally is available on any other object and I'm clueless if this is the SF limitation or there is a setting which I should turn on beforehand?

Attached are the screenshots from the Asset and the Account  "List View" edit pages for the reference.

Would be great to hear from someone who has experienced this error before.

Thanks!

#Sales Cloud