Brazil's Top Asset Manager Advises 3% Bitcoin (BTC) Allocation for Portfolio Hedging

Brazil's leading asset management firm, QR Asset Management, has issued a significant recommendation to investors. The firm advises allocating up to 3% of an investment portfolio to Bitcoin (BTC) as a strategic hedge against foreign exchange (FX) volatility and broader market shocks. This move highlights Bitcoin's growing recognition as a digital asset with diversification benefits. The recommendation is part of a broader strategy to protect wealth from local currency devaluation and economic instability. Analysts view this institutional endorsement as a bullish signal for Bitcoin's adoption in traditional finance, particularly in emerging markets facing macroeconomic pressures.