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

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Mars Finance News, according to CriptoNoticias, Colombia’s second-largest pension management institution 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 open to investors who meet risk assessment criteria through a personalized investment advisory process, 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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