Brazil’s largest private bank advises investors to allocate 3% to Bitcoin in 2026
Analysis
Price Impact
HighBrazil's largest private bank, itaú asset management, is advising investors to allocate 1-3% of their portfolios to bitcoin in 2026, citing its diversification benefits and currency hedging capabilities. this institutional validation from a major player in a significant emerging market can signal growing mainstream acceptance and potentially lead to increased capital allocation into btc.
Trustworthiness
HighThe advice comes from the investment arm of itaú unibanco, brazil's largest private bank, supported by their internal research and existing crypto division/etfs. this is a credible financial institution making a formal recommendation.
Price Direction
BullishA recommendation from a major bank to allocate a percentage of portfolios to bitcoin for diversification and hedging purposes indicates potential for sustained institutional buying pressure and increased demand for btc. this kind of endorsement can attract new investors and further legitimize bitcoin as a portfolio asset.
Time Effect
LongThe recommendation is for 2026, suggesting a strategic, long-term allocation rather than a short-term trading signal. institutional adoption and portfolio rebalancing tend to have a gradual, sustained impact over time.
Original Article:
Article Content:
Amin Haqshanas 4 minutes ago Brazil’s largest private bank advises investors to allocate 3% to Bitcoin in 2026 Brazil’s largest private bank says Bitcoin can improve portfolio diversification and hedge currency risk despite a volatile year for the asset. Listen 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEED Itaú Asset Management, the investment arm of Brazil's largest private bank, Itaú Unibanco, has recommended that investors hold 1% to 3% of their portfolios in Bitcoin next year. In a new research note , Itaú Asset’s Renato Eid said that the global backdrop of geopolitical tension, shifting monetary policy and persistent currency risks strengthens the case for adding Bitcoin ( BTC ) as a complementary asset. He called Bitcoin “an asset distinct from fixed income, traditional stocks, or domestic markets, with its own dynamics, return potential, and — due to its global and decentralized nature — a currency hedging function.” The suggestion comes despite a turbulent year for Bitcoin. The asset began 2025 near $95,000, slid toward $80,000 during the tariff crisis, then surged to an all-time high of $125,000 before settling back around $95,000. Related: Brazil’s crypto tax grab signals the end of an era Bitcoin can steady portfolios amid currency swings Brazilian investors have felt Bitcoin’s volatility more intensely than global traders. The Brazilian real strengthened by about 15% this year, amplifying local losses for local investors. However, Eid argued that a small, steady Bitcoin allocation can smooth risks that traditional assets fail to hedge. Citing the bank’s internal data, he said there is a low correlation between BITI11, its locally listed Bitcoin ETF, and other major asset classes, which supports the case for adding a modest BTC position to improve portfolio balance. A correlation matrix comparing BITI11 (a Bitcoin ETF) with major Brazilian and international market indices. Source: Itaú “By allocating around 1% to 3% in their investment portfolio, investors will in fact be taking advantage of an asset that generates diversification,” the bank wrote. Related: Why Brazil is using Bitcoin as a treasury asset and what other nations can learn Itaú Asset Launches Dedicated Crypto Unit In September, Itaú Asset created a standalone crypto division and appointed former Hashdex executive João Marco Braga da Cunha to lead it. The unit expanded on Itaú’s existing digital-asset offerings, including its Bitcoin ETF and a retirement fund with crypto exposure. Itaú also plans to develop a broader suite of products, ranging from fixed-income-style instruments to higher-volatility strategies like derivatives and staking. Magazine: 2026 is the year of pragmatic privacy in crypto — Canton, Zcash and more # Bitcoin # Cryptocurrencies # Brazil # Investments # Adoption # Cryptocurrency Investment # Bitcoin ETF Add reaction