Brazil’s Largest Asset Manager Recommends 1–3% Bitcoin Allocation

Brazil’s largest privately owned asset manager, Itaú Asset Management, has advised investors to allocate 1% to 3% of their portfolios to bitcoin.

In a year-end note, the firm cited bitcoin’s low correlation with traditional assets and its potential as a hedge against currency depreciation.

The recommendation echoes similar guidance from global players like BlackRock and Bank of America.

Itaú emphasized a disciplined, long-term approach, positioning bitcoin as a complementary asset rather than a core holding amid ongoing market volatility.

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