Luxembourg’s sovereign wealth fund to invest 1% of its portfolio in Bitcoin and crypto -

Luxembourg’s sovereign wealth fund to invest 1% of its portfolio in Bitcoin and crypto

Key Takeaways

Luxembourg will be the first European country to add Bitcoin to its sovereign wealth fund.
The investment will be made via Bitcoin exchange-traded funds (ETFs).

Luxembourg will become the first European country to add Bitcoin to its sovereign wealth fund today, marking a historic milestone for crypto adoption on the continent.

The Finance Ministry confirmed that the country’s sovereign wealth fund, FSIL, will allocate 1% of its portfolio to Bitcoin and other cryptocurrencies via ETFs.

Luxembourg’s move follows global trends toward Bitcoin as a sovereign reserve asset. The decision signals a broader shift in European public investment strategies, with the nation’s approach bridging traditional finance and blockchain technology.

Luxembourg’s sovereign wealth fund to invest 1% of its portfolio in Bitcoin and crypto

Key Takeaways

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