Brazilians are increasingly turning to cryptocurrencies as a significant part of their investment portfolios, with allocations ranging from 7% to 35%, a new survey by the Securities and Exchange Commission (CVM) reveals. The survey, involving over 700 participants, was conducted to assess the investment behaviors and preferences of Brazilian citizens.

Respondents categorized themselves as “conservative,” “moderate,” or “bold” investors. Conservative investors reported allocating 7.25% of their assets to cryptocurrencies, while moderate investors allocated 21% to crypto-related financial products. The boldest investors were the most enthusiastic about digital assets, dedicating as much as 35% of their portfolios to cryptocurrencies such as Bitcoin and altcoins.

Interestingly, half of the survey respondents identified as bold investors, underscoring the growing appetite for high-risk, high-reward opportunities in the country. While conservative investors showed a preference for traditional financial products like fixed-income securities and public bonds, moderate and bold investors leaned more toward stock market trading and ETFs alongside their crypto investments. Over 90% of bold investors reported including shares in their portfolios.

The CVM highlighted its commitment to fostering financial literacy and creating an inclusive investment landscape, emphasizing the importance of equipping individuals with the knowledge needed to make informed financial decisions. The regulator has actively supported the development of the cryptocurrency market, approving innovative products such as Bitcoin spot ETFs and Solana-based ETFs.

This trend marks a shift in Brazil’s investment landscape, with a growing number of citizens embracing the potential of digital assets.