Colombia’s second-biggest inner most pension and severance fund manager, AFP Protección, is making in a position to begin an investment fund with exposure to Bitcoin.
Juan David Correa, president of Protección SA, confirmed the initiative during an interview with native outlet Valora Analitik. In step with Correa, fetch admission to to the product will most likely be shrimp and granted only by technique of a personalized advisory project designed to assess each and every investor’s grief profile. Simplest clients who meet particular requirements will have the choice to allocate a half of their portfolios to Bitcoin (BTC).
“The largest factor is diversification,” Correa noteworthy, including that “those who can take half will rep a dwelling for a percentage of their portfolio, in the event that they so need, to be uncovered to this form of asset.”
Protección’s circulate follows a identical step by Skandia Administradora de Fondos de Pensiones y Cesantías, which began offering Bitcoin exposure in one of its portfolios in September final Twelve months. With this begin, Protección turns into the second fundamental pension fund administrator in Colombia to enter the digital asset dwelling.
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Bitcoin fund will no longer switch core pension investments
Protección mentioned that the contemporary Bitcoin-linked fund does no longer signify a shift in how practically all of Colombian pension financial savings are managed. Fastened earnings instruments, equities and diverse archaic sources dwell the core of pension portfolios. As a replace, the product is positioned as an additional option for licensed traders in search of diversification.
Based in 1991, AFP Protección manages bigger than 220 trillion Colombian pesos (roughly $55 billion) in sources for over 8.5 million clients all over necessary and voluntary pension plans and severance accounts.
The broader necessary pension fund market in Colombia reached 527.3 trillion pesos as of November 2025, with nearly half of those sources invested in a abroad country.
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Colombia introduces necessary crypto reporting rules
Earlier this month, Colombia’s tax authority, DIAN, launched a necessary reporting framework for crypto provider services, requiring exchanges, custodians and intermediaries to salvage and submit client and transaction files.
The determination aligns Colombia with the OECD’s Crypto-Asset Reporting Framework (CARF), enabling the automatic alternate of crypto-related tax files with abroad authorities. Below the contemporary regime, provider services must document identifying small print and transaction files for reportable customers, modify to due diligence and valuation requirements, and face penalties in the event that they fail to meet the requirements.
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