Colombia’s Second-Largest Pension Fund Serving 8.5 Million People Prepares a Bitcoin-Focused Fund

The planned fund is designed with a long-term investment perspective rather than short-term price movements. Access will be restricted to investors with suitable risk profiles, allowing the fund to manage volatility through a controlled allocation structure.

As part of the process, investors will undergo personalized financial advisory sessions. Their risk appetite will be assessed, and only a limited portion of their portfolio will be allocated to Bitcoin, which the firm views as a complementary asset rather than a speculative instrument.

Managing approximately $55 billion in assets and serving more than 8.5 million clients, AFP Protección’s move highlights a more institutional and cautious approach to Bitcoin adoption within Colombia’s pension system. The fund will exclude mandatory pension savings and remain limited to voluntary and personalized investment options.