Brazil’s largest private bank, Itaú, is standing firm on its Bitcoin view even after this year’s pullback. In its latest outlook, the bank advises investors to keep around 1% to 3% of their portfolio in Bitcoin as they look toward 2026. With a message that short-term drops do not cancel out Bitcoin’s longer-term role in diversification and protection against uncertainty. At the moment, Bitcoin is trading near the $90,100 level, down about 2.3% over the past day on a USDT basis.
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Brazil’s Largest Bank Itaú Backs Bitcoin as Long-Term Portfolio Hedge
Brazil’s largest private bank, Itaú, is standing firm on its Bitcoin view even after this year’s pullback. In its latest outlook, the bank advises investors to keep around 1% to 3% of their portfolio in Bitcoin as they look toward 2026. With a message that short-term drops do not cancel out Bitcoin’s longer-term role in diversification and protection against uncertainty. At the moment, Bitcoin is trading near the $90,100 level, down about 2.3% over the past day on a USDT basis.