Story perspectives

Itaú Advises 1-3% Bitcoin Allocation for Brazilian Investors

12/14/2025

Summary

Story summary

Itaú Asset Management recommends Brazilian investors allocate 1%–3% of portfolios to Bitcoin in 2026.
Bitcoin fluctuated between $80,000 and $125,000 this year.
Renato Eid, Itaú Asset Management's head of beta strategies, highlighted Bitcoin's hedging potential.
Brazilian investors faced volatility as the real strengthened, amplifying losses on dollar assets.
Itaú's data shows low correlation between its Bitcoin exchange-traded fund (ETF) and other asset classes, and it launched a crypto division.

History

Historical Context

Bitcoin, created in 2009 by Satoshi Nakamoto, emerged as the first decentralized cryptocurrency, challenging traditional finance. By 2021, its price surged, reaching a market capitalization of $1 trillion, prompting institutional interest, including Itaú Asset Management's advice for Brazilian investors to allocate 1%-3% of portfolios to Bitcoin. This reflects a broader trend of cryptocurrencies being viewed as viable hedging tools amid economic volatility.

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Story summary

Itaú Asset Management recommends Brazilian investors allocate 1%–3% of portfolios to Bitcoin in 2026.
Bitcoin fluctuated between $80,000 and $125,000 this year.
Renato Eid, Itaú Asset Management's head of beta strategies, highlighted Bitcoin's hedging potential.
Brazilian investors faced volatility as the real strengthened, amplifying losses on dollar assets.
Itaú's data shows low correlation between its Bitcoin exchange-traded fund (ETF) and other asset classes, and it launched a crypto division.

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