Brazil’s Largest Bank Updates Bitcoin Portfolio Recommendations

Itau, Brazil’s largest bank, now recommends allocating up to 3% of investment portfolios to bitcoin, despite the cryptocurrency’s underwhelming performance in 2025. The bank’s recent report emphasizes bitcoin’s potential as a portfolio diversifier and hedge against fluctuations in Brazilian reais. Itau Unibanco’s Latest Report Advises Investors to Hold up to 3% of Their Portfolios in […]