Brazil’s largest bank recommends a 3% Bitcoin portfolio allocation: ‘real diversification’

A partner at the investment arm of Itaú Unibanco, the largest private bank in Latin America, is urging investors to allocate a portion of their portfolios to bitcoin as a “dual opportunity” for asset diversification and currency protection.  In a recent research note, Renato Eid, Itaú Asset Management’s head of beta strategies and responsible investment, […]