🚨 Brazil’s biggest bank is turning constructive on Bitcoin 🔥
Itaú, the largest bank in Brazil, has updated its investment guidance to formally include Bitcoin. In its latest outlook, the bank suggests that investors may consider allocating up to 3% of their portfolios to BTC.
What makes this notable is the timing. Bitcoin’s performance in 2025 has been relatively muted so far, yet Itaú still sees value in the asset. According to the report, Bitcoin can play a meaningful role as a portfolio diversifier and also act as a hedge against volatility in the Brazilian real, which remains sensitive to global and domestic economic shifts.
This signals a broader change in how traditional financial institutions in emerging markets are viewing crypto. Rather than focusing purely on short-term price action, banks like Itaú are starting to frame Bitcoin as a strategic allocation within long-term portfolios.
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