Colombia’s second-largest private pension and severance fund manager, AFP Protección, has unveiled plans to introduce an investment fund that offers exposure to Bitcoin. This initiative was confirmed by the company’s president, Juan David Correa, during an interview with the local news outlet Valora Analitik. According to Correa, access to the Bitcoin-linked product will be limited and will be made available only through a personalized advisory process that assesses each client’s risk profile.
Eligible clients, who meet specific criteria, will have the opportunity to allocate a portion of their investment portfolios to Bitcoin. Correa emphasized that this move is primarily focused on diversification, stating, “The most important element is diversification.” He clarified that while clients can choose to assign a percentage of their portfolios to this type of asset, the launch does not signify a shift in the firm’s core investment strategy.
This strategic decision follows a similar initiative by Skandia Administradora de Fondos de Pensiones y Cesantías, which began offering Bitcoin exposure in one of its portfolios in September. With AFP Protección now entering the fray, it becomes the second major pension fund administrator in Colombia to provide clients with access to Bitcoin-linked investments.
The company has stated that this new product will not change the management of the majority of pension savings, which will continue to rely on traditional investment forms such as fixed income instruments and equities. The Bitcoin-linked fund is anticipated to serve as an additional option for regulated investors looking for diverse portfolio construction rather than a substitute for existing asset allocations.
Founded in 1991, AFP Protección manages more than 220 trillion Colombian pesos, equivalent to about $55 billion, in assets. The firm caters to over 8.5 million clients through its various mandatory pension plans, voluntary pension products, and severance savings accounts.
As the broader mandatory pension fund market in Colombia reached 527.3 trillion pesos as of November 2025—with nearly half of those assets invested abroad—the announcement comes at a time when Colombia is intensifying regulation of the digital asset sector. Earlier in the month, the national tax authority, DIAN, established a mandatory reporting framework for crypto service providers, requiring exchanges, custodians, and intermediaries to gather and submit user and transaction data.
This regulatory framework aligns Colombia with the OECD’s Crypto-Asset Reporting Framework, facilitating the automatic exchange of crypto-related tax information with other jurisdictions. Service providers must adhere to due diligence requirements and valuation standards, failing which they may face penalties, according to local reports.
