Brazil's largest asset management company recommends including 3% Bitcoin (BTC) in the 2026 investment portfolio

Itaú Asset Management, the asset management division of Itaú Unibanco, the largest private bank in Brazil,(Itaú Asset Management) recommends allocating 1-3% of investment portfolios in Bitcoin(BTC) as an investment strategy for 2026. Analyses indicate that in an environment of geopolitical tensions, expanding currency risks, and ongoing monetary policy uncertainties, Bitcoin’s diversification effect is garnering more attention.

Renato Ed, head of research at Itaú Asset Management, commented in a recent report: “Bitcoin is an asset with properties completely different from bonds, stocks, and domestic Brazilian assets,” “With its unique profitability and features of globalization and decentralization, it can serve as a ‘currency hedge’.”

This recommendation is made in the context of Bitcoin experiencing significant price volatility this year. Starting from around $95,000 (approximately 140.36 million KRW) at the beginning of 2025, Bitcoin fell to $80,000 (approximately 118.20 million KRW) due to tariff conflicts, then hit a historical high of $125,000 (approximately 184.68 million KRW), and has now returned to the $95,000 range.

Especially for Brazilian investors, the strengthening of the domestic currency, the real, makes the volatility of Bitcoin more perceptible. The real appreciated about 15% this year, eroding Bitcoin’s returns. Nonetheless, Ed emphasizes that small-scale Bitcoin investments can effectively mitigate overall portfolio risk.

He explained based on the low correlation between the Bitcoin ETF listed in Brazil—BITI11—and major assets: “Even a small allocation to Bitcoin can improve portfolio balance.”

Bitcoin’s global diversification effect and low correlation suggest that, despite its higher volatility, it could be a meaningful strategy from a long-term asset allocation perspective.

Article summary by TokenPost.ai

🔎 Market Insights

Brazilian investment firms are also assessing Bitcoin as a means to hedge against inflation and exchange rate risks, and the trend of incorporating it into traditional asset classes is expanding.

💡 Strategy Highlights

Recommends allocating 1-3% of the portfolio to Bitcoin, which can be seen as part of a diversified investment strategy that considers both risk and de-correlation.

📘 Terminology Explanation

BITI11: A Bitcoin listed index fund operated by Brazilian asset management company Itaú, designed as a BTC investment product for Brazilian investors.

TP AI Notes

This article uses a language model based on TokenPost.ai for summarization. The main content of the body may be omitted or may differ from actual facts.