TODOS OS INVESTIMENTOS SERÃO SISTEMÁTICOS (E O BITCOIN ESTÁ NO JOGO) | Crypto Never Sleeps #64

Summary

The podcast features Valter Rebelo interviewing Felipe Rabelo and Felipe Simões of Café Family Office about systematic investing, Bitcoin, risk management, and the future of financial markets. The guests explain how they build portfolios using risk-first, quantitative methods, including Bitcoin as a diversifier and safe-haven candidate, and discuss fixed income and private credit products. They also cover market structure changes at B3, tokenization, stablecoins, fiscal and devaluation risks, and opportunities in robotics.

• Family offices use systematic, risk-first portfolio construction rather than market predictions.
• Bitcoin is viewed as a small diversifier, reserve of value, and potential geopolitical hedge, though allocation is still evolving.
• Café Family Office is launching PRIV11, a private credit ETF, and developing IFLA11, a systematic inflation/pre-fixed ETF.
• The portfolio includes post-fixed Brazilian fixed income, IMAB, equities, and a safe-haven box with dollar, US Treasuries, gold, and Bitcoin.
• B3 faces structural pressure from tokenization, global exchanges, and lower friction, and may need to become a fund shelf with 24/7 trading.
• Speakers are cautious on the Brazilian real due to historical currency instability and see stablecoins as macro-relevant but not attractive as investments.
• Robotics is highlighted as a next-decade opportunity as AI moves into the physical world.