What to Know
- AFP Protección will launch a Bitcoin exposure fund for long-term diversification.
- Access will be limited to risk-qualified investors through personalized advisory.
- BTC allocation will be small and controlled within investor portfolios.
Colombia’s second-largest pension fund manager, AFP Protección, is preparing to launch a new fund that will give investors controlled exposure to Bitcoin. AFP Protección manages around $55 billion in assets and serves nearly 8.5 million clients across mandatory pensions, voluntary savings plans, and severance funds. Because of its size and influence, any new product it introduces can have a major impact on how people think about investing in Colombia.
The plan was confirmed by Juan David Correa, the president of Protección, in an interview where he clearly stated that diversification and risk management are the main focus of this new fund. According to him, Bitcoin will not replace traditional investments like bonds, stocks, or savings instruments. Instead, it will be added as a small and controlled part of a long-term investment strategy.
A Controlled Approach
This Bitcoin exposure fund will not be open to everyone automatically. Investors will only be able to access it through a personalized advisory process. This means Protección will first study each investor’s financial situation, goals, and risk tolerance. Only those who meet the required risk profile will be allowed to invest a portion of their portfolio into Bitcoin.
Even for those who qualify, the allocation will be limited. Investors will not be able to put large portions of their savings into BTC. The idea is to allow small, balanced exposure that supports long-term growth while reducing overall risk. Correa explained that diversification is the most important part of the strategy. In simple terms, this means not putting all your money in one place. By spreading investments across different asset types, people can protect their savings from big losses in any single market.
Growing trend in Colombia
Protección is not the first pension fund manager in Colombia to explore Bitcoin. Another private fund manager, Skandia, already offers a portfolio that includes exposure to BTC. With Protección joining in, it becomes the second major pension fund administrator in the country to take this step.
However, this does not mean Colombia’s pension system is changing overnight. Most pension money is still invested in traditional assets like fixed income products, stocks, and international funds. The Bitcoin fund is designed for voluntary and personalized contributions, not for large-scale mandatory pension savings.
Protección has made it clear that this fund is not about chasing fast profits. It is built around long-term planning, stability, and careful risk control. The company wants to give investors more options, without putting their retirement savings at unnecessary risk.
Following a Global Pattern
This move in Colombia reflects a global trend. In the United States, large pension funds have already started gaining Bitcoin exposure through regulated products like Bitcoin ETFs.
For example, pension schemes for the states of Wisconsin and Michigan are among the top holders of US stock market funds devoted to crypto. Advisers say the surge in bitcoin last year, which more than doubled to touch $100,000, has spurred the interest of conservative trustees. The California State Teachers’ Retirement System (CalSTRS), which is the third-largest public pension fund in the U.S., has indirectly invested $133 million in Bitcoin through its investment in MicroStrategy (MSTR), too. Similar moves were made by some pension fund managers in the UK and Australia, who have also made small allocations in recent months to Bitcoin using funds or derivatives.
Final Thoughts
AFP Protección’s Bitcoin exposure fund does not signal a complete transformation of Colombia’s pension system. Instead, it represents a measured and cautious step forward. It opens the door for qualified investors who want exposure to Bitcoin, while still protecting the core structure of traditional pension investing.
Also Read: Nifty Gateway to Shut Down in February 2026, Enters Withdrawal-Only Mode
