Itaú Asset Administration, a part of Brazil’s largest personal financial institution Itaú Unibanco, has really useful that buyers allocate 1% to three% of their portfolios to bitcoin in 2026.
The recommendation comes regardless of a unstable yr for the asset, which noticed bitcoin fall from round $95,000 to $80,000 through the tariff disaster earlier than reaching a brand new all-time excessive of $125,000 and settling again at $95,000.
Rationale for bitcoin allocation
Renato Eid, representing Itaú Asset, defined that ongoing geopolitical tensions, shifting financial coverage, and chronic foreign money dangers underscore bitcoin’s enchantment as a complementary asset.
Eid described bitcoin as:
“An asset distinct from fastened revenue, conventional shares, or home markets, with its personal dynamics, return potential, and — as a consequence of its international and decentralized nature — a foreign money hedging operate.”
Steadying portfolios amid foreign money swings
Brazilian buyers have skilled bitcoin’s volatility extra acutely because of the Brazilian actual strengthening about 15% this yr, amplifying native losses.
Nonetheless, Eid argued {that a} modest bitcoin allocation can clean dangers that conventional property fail to hedge.
Itaú’s inner knowledge confirmed a low correlation between BITI11, its domestically listed bitcoin ETF, and different main asset courses, supporting the diversification case.
As acknowledged by the financial institution:
“By allocating round 1% to three% of their funding portfolio, buyers will the truth is be benefiting from an asset that generates diversification.”
Itaú expands its bitcoin choices
In September, Itaú Asset launched a devoted bitcoin unit, led by former Hashdex govt João Marco Braga da Cunha.
This division expanded Itaú’s digital-asset choices, together with its bitcoin ETF and a retirement fund with bitcoin publicity. The financial institution additionally plans to introduce extra merchandise, from fixed-income-style devices to larger volatility methods like derivatives and staking.