Itaú Asset Management

Bitcoin Price Prediction: Brazil’s Largest Private Bank Itaú Supports Bitcoin Exposure — Can 3% allocation Push BTC Higher?

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Bitcoin Price Prediction: Brazil’s Largest Private Bank Itaú Supports Bitcoin Exposure — Can 3% allocation Push BTC Higher?

Itaú Asset Management recommends a 1-3% allocation to Bitcoin, citing uncorrelated returns and potential for growth. This move is seen as a significant step towards institutional adoption, which could drive the price higher.