Luxembourg sets precedent with first eurozone Bitcoin allocation in national fund

Luxembourg has become the first country in the Eurozone to invest in Bitcoin through its sovereign wealth fund, allocating 1% of its $730 million Intergenerational Sovereign Wealth Fund (FSIL) to B...

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Luxembourg sets precedent with first eurozone Bitcoin allocation in national fund

Source: CryptoSlate

Luxembourg has become the first country in the Eurozone to invest in Bitcoin through its sovereign wealth fund, allocating 1% of its $730 million Intergenerational Sovereign Wealth Fund (FSIL) to Bitcoin exchange-traded funds (ETFs), Finance Minister Gilles Roth announced on Oct. 9 during the 2026 national budget presentation. The investment marks a milestone for the […]