Itaú Asset Management Plans 1%–3% Bitcoin Portfolio Allocation Starting in 2026

On 18 Dec 2025, Itaú Asset Management, the investment arm of Brazil's largest private bank, outlined guidance for a 1% to 3% Bitcoin allocation in diversified client portfolios beginning in 2026. The firm frames Bitcoin as a separate risk bucket aimed at diversification, partial protection against Brazilian real depreciation, and exposure to potential long-term price appreciation.