In accordance with Itaú Asset Administration, Brazil’s largest non-public financial institution, traders ought to take into account holding 1%–3% of their portfolios in Bitcoin beginning in 2026. The advice got here in a analysis outlook launched this week and frames Bitcoin as a small, complementary holding relatively than a foremost guess.
Itaú Backs Small Bitcoin Positions
The financial institution’s be aware factors to Bitcoin’s low correlation with many conventional belongings and to forex dangers that hit native traders laborious this 12 months. Itaú additionally moved to construct the infrastructure behind that view: in September 2025 it created a devoted crypto division and named former Hashdex govt João Marco Braga da Cunha to steer the group. That new unit sits alongside the financial institution’s current merchandise and is supposed to assist purchasers entry regulated crypto instruments.
Entry By way of Native Merchandise
Brazilian savers can already attain Bitcoin through merchandise tied to Itaú. The financial institution is a part of the group that launched the IT Now Bloomberg Galaxy Bitcoin ETF, recognized by its ticker BITI11, which started buying and selling on November 10, 2022. The ETF offers traders a spot-like path to Bitcoin contained in the native market, and it sits alongside unit trusts and pension merchandise that provide crypto publicity.
A correlation matrix exhibiting how BITI11, a Bitcoin ETF, strikes in relation to main Brazilian and world market indices, in line with information from Itaú.
Small However Present Crypto Footprint
Itaú says its regulated crypto suite manages roughly R$850 million throughout a number of funds and ETFs, a modest quantity in contrast with its wider enterprise however nonetheless a transparent sign of product readiness. The financial institution’s asset arm is giant: it manages greater than 1 trillion reais for purchasers, which helps clarify why its steerage on allocations attracts huge consideration.
Market Context And Timing
Itaú’s transfer arrives after a 12 months wherein forex swings amplified losses for some Brazilian holders of overseas belongings. That actuality seems to be a part of the maths behind recommending a 1%–3% place — a small buffer for these apprehensive about local-currency shocks, not a guess meant to switch shares or bonds. The financial institution frames the place as a disciplined, long-term allocation, not a short-term commerce.
What This Means For Traders
For bizarre traders the steerage is easy to learn: hold publicity small and managed. A 1% place will hardly change a diversified portfolio by itself, whereas 3% remains to be inside what many establishments have referred to as a “satellite tv for pc” slot. Based mostly on studies, Itaú expects to supply extra decisions — from low-volatility wrappers to riskier methods — by means of the brand new unit as demand grows.
Featured picture from La Nación, chart from TradingView
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