Colombia's second-largest pension fund manager AFP Protección plans to launch a Bitcoin exposure fund

BTC1,03%

PANews January 25 News, according to CriptoNoticias, Colombia’s second-largest pension management organization AFP Protección plans to launch a Bitcoin exposure fund for long-term asset allocation and diversification, rather than short-term speculation. The product will be accessible through a personalized investment advisory process to investors who meet risk assessment criteria, allowing them to allocate only a portion of their portfolio to Bitcoin. Protección manages assets for approximately 8.5 million clients, covering mandatory pensions, voluntary pensions, and severance pay accounts, with total assets exceeding 220 trillion Colombian pesos (about $55 billion).

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