The asset management arm of the Brazilian megabank Itaú has recommended that savers keep between 1% and 3% of their wealth in Bitcoin. The recommendation comes almost exactly two years after its banking arm Itaú Unibanco began offering its customers Bitcoin and Ethereum trading options, and three years after it launched its first Bitcoin exchange-traded fund, or ETF. Renato Eid, Itaú Asset Management’s head of beta strategies and responsible investment, explained, in a column on the Itaú investment port ...