Brazil's largest private bank asset management company advises investors to allocate 1% to 3% of their portfolio to bitcoin
2025-12-14 10:49:59
On December 14th, Itáu Asset Management, Brazil's largest private bank asset management company, recommended in its year-end report that investors allocate 1% to 3% of their portfolios to bitcoin. Renato Eid, head of strategy and responsible investment at Itáu Asset Management Beta, said that cryptocurrencies are used as supplementary assets to help absorb the impact of currency depreciation and global volatility.
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