Luxembourg Invests In Bitcoin, Allocates 1% Of Sovereign Wealth Fund Portfolio
Luxembourg’s Ministry of Finance confirmed that its Intergenerational Sovereign Wealth Fund (FSIL) has allocated 1% of its portfolio to Bitcoin (CRYPTO: BTC), marking the nation’s first official exposure to the asset class.
The move comes as Bitcoin consolidates above $121,000, testing a key resistance level for the fourth time this quarter.
Luxembourg Allocates 1% Of Sovereign Fund To Bitcoin
During his 2026 budget presentation at the Chambre des Députés, Finance Minister Gilles Roth announced that Luxembourg had diversified into Bitcoin via its sovereign wealth fund as part of a new investment policy approved in July.
The update allows the fund to allocate up to 15% of total assets to alternative investments, with 1% having been allocated to Bitcoin.
According to Bob Kieffer, the country’s director of the treasury and secretary general of the finance ministery, Luxembourg’s Bitcoin …
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