PANews reported on January 25 that, according to CriptoNoticias, AFP Protección, Colombia's second-largest pension fund manager, plans to launch a Bitcoin-exposed fund for long-term asset allocation and diversification, rather than short-term speculation.

The product will be available 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 assets under management exceeding 220 trillion Colombian pesos (approximately US$55 billion).