AFP Protección, Colombia’s second-largest private pension and severance fund manager, will launch a Bitcoin exposure fund. Juan David Correa, president of Protección SA, confirmed the plan and said access will be limited.
Only clients who meet specific risk criteria may allocate a portion of their portfolios to Bitcoin. “The most important element is diversification,” Correa said. “Those who can participate will find a space for a percentage of their portfolio, if they so wish, to be exposed to this type of asset.”
The new fund will not change how most pension savings are managed. Fixed income, equities and other traditional assets remain the core of pension portfolios.
Skandia Administradora de Fondos de Pensiones y Cesantías began offering Bitcoin exposure in one portfolio in September last year. Protección thus becomes the second major pension fund administrator in Colombia to offer digital asset exposure.
Founded in 1991, AFP Protección manages more than 220 trillion Colombian pesos, about $55 billion, for over 8.5 million clients. The broader mandatory pension market reached 527.3 trillion pesos, about $132 billion, as of November 2025, with nearly half invested abroad.
Earlier this month, Colombia’s tax authority DIAN introduced mandatory crypto reporting rules for service providers. The rules align Colombia with the OECD’s Crypto-Asset Reporting Framework and enable automatic exchange of crypto-related tax information, while requiring providers to report user identities, transactions, valuation standards, and face penalties for noncompliance.
