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 […]
Source link
Bitcoin ETFs Add $251 Million as Institutional Demand Holds Strong
Bitcoin exchange-traded funds (ETFs) continued their inflow streak on Tuesday with a $251 million addition led by Blackrock’s IBIT. Ether...
