Headline: From Speculation to Strategy: Why Brazil’s Top Bank Recommends $BTC
Itaú Unibanco, the largest private lender in Latin America, has just shifted the narrative on Bitcoin. In their latest guidance, they recommend a 1%–3% portfolio allocation to $BTC as a primary diversification tool.
Key Institutional Takeaways:
Currency Hedge: Following the volatility of the Brazilian Real, the bank views Bitcoin as a global store of value to protect wealth from FX risks.
Low Correlation: Unlike domestic stocks or bonds, BTC offers returns that aren't tied to the local economic cycle.
Vehicle of Choice: The bank highlights regulated exposure through the BITI11 ETF (partnered with Galaxy Digital).
The Bottom Line: We are moving past the "if" and into the "how much." When a $500B asset manager labels Bitcoin a "complementary asset" for conservative portfolios, institutional maturity has arrived. 🚀
