Colombian pension manager moves to add Bitcoin…limited inclusion under a long-term diversification strategy

A private pension manager in Colombia is moving to make limited investments in Bitcoin (BTC). The plan is to allow controlled exposure to crypto assets as part of a long-term diversification strategy for pension assets.

According to Cryptonoticia on the 24th (local time), Colombian pension and severance-pay manager AFP Protección is preparing to launch a new fund that can invest indirectly in Bitcoin. Juan David Correa, CEO of Protección, officially confirmed the plan in an interview with local media Valora Analitik.

The fund will not be available to all subscribers. Investors must undergo a risk-profile assessment through individual consultations, and only those who meet the criteria will be able to allocate a portion of their portfolios to Bitcoin. Correa stressed that it is not for short-term speculation, saying, "The most important factor is diversification."

Protección’s decision follows the broader trend of Bitcoin acceptance in Colombia’s pension market. Earlier, pension manager Skandia introduced a Bitcoin-exposure product in September 2025, making Protección the second major pension manager to take such a step.

Protección is Colombia’s second-largest pension manager, with about 8.5 million customers across mandatory and voluntary pensions as well as severance pay. Its assets under management are said to exceed 220 trillion pesos. However, this Bitcoin fund will be limited to voluntary investments and tailored allocations, rather than large-scale mandatory pension assets.

Experts say the move is unlikely to be seen as a structural shift in Colombia’s pension system. Still, it is interpreted as a sign that, within a pension management framework centered on traditional assets, crypto-asset inclusion premised on long-term diversification is gradually expanding.