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Luxembourg Becomes First Eurozone Nation to Invest in Bitcoin Through Sovereign Wealth Fund
Yahoo Finance·2025-10-09 14:07

Luxembourg’s Intergenerational Sovereign Wealth Fund (FSIL) has become the first state-level fund in the Eurozone to invest in Bitcoin, allocating 1% of its holdings to Bitcoin exchange-traded funds (ETFs). Bob Kieffer, Luxembourg’s Director of the Treasury and Secretary General, announced the move in an October 8 LinkedIn post. Kieffer noted that Finance Minister Gilles Roth had revealed the decision earlier during the presentation of the 2026 Budget at the Chambre des Députés, Luxembourg’s legislature. ...