Overview

• Sygnia recommends limiting crypto exposure to about 5% of discretionary or retirement annuity assets.
• The firm says it contacts clients who attempt to switch entire portfolios into the Sygnia Life Bitcoin Plus fund.
• Launched in June, the Bitcoin Plus fund has attracted very significant inflows, though the company has not disclosed figures.
• Executives warn that Bitcoin’s price swings could jeopardize savings in an emerging‑market economy like South Africa.
• Bitcoin has gained roughly 82% over the past year but fell about 2–3% on Monday to near $112,000, and further crypto products on the JSE require regulatory approval after an earlier attempt was blocked.