Colombian pension management agency AFP Protecci ó n plans to launch Bitcoin exposure fund

AFP Protecci ó n, the second largest pension management agency in Colombia, plans to launch a Bitcoin open fund aimed at long-term asset allocation and diversification, rather than short-term speculation. The fund will be open to investors who meet the risk assessment criteria through a personalized investment advisory process, allowing only a portion of the investment portfolio to be allocated to Bitcoin. AFP Protecci ó n manages assets of approximately 8.5 million clients, including mandatory pension, voluntary pension, and severance accounts, with assets under management exceeding 220 trillion Colombian pesos (approximately 55 billion US dollars).