Porvenir, Colombia's largest pension fund manager, launches crypto investment portfolio.

CoinFeed reported on April 28th that, according to CriptoNoticias, Porvenir, Colombia's largest pension fund manager, has launched a crypto investment portfolio allowing its members to indirectly gain exposure to Bitcoin prices through a regulated mechanism. The product operates by investing in BlackRock's Bitcoin ETF, IBIT, with a minimum investment of 100,000 Colombian pesos (approximately US$25). It is open to savers aged 18 to 45 and is limited to the voluntary pension system, separate from mandatory basic pension savings. Users are required to undergo mandatory personalized consultation to confirm their risk tolerance. Previously, another Colombian pension fund manager, Protectión, launched a similar product.