🚨 Brazil’s largest bank is turning bullish on Bitcoin 🔥
Itaú, Brazil’s biggest bank, has updated its investment guidance to include Bitcoin, suggesting investors allocate up to 3% of their portfolios to the asset.
This shift comes even as Bitcoin has shown muted performance so far in 2025. In its latest report, Itaú highlights BTC’s value as a diversification tool and a potential hedge against volatility in the Brazilian real.
