News Explorer — Guess Who Just Bought Bitcoin? Yep, It's Luxembourg

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Oct 9, 7:49 pm

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Guess Who Just Bought Bitcoin? Yep, It's Luxembourg

Luxembourg, led by Minister of Finance Gilles Roth, has invested 1% of its $811 million portfolio into Bitcoin ETF shares, making it the first Eurozone country to do so. The decision was made by the FSIL, Luxembourg's Intergenerational Sovereign Wealth Fund, to balance risk and signal Bitcoin's potential.

Luxembourg, led by Minister of Finance Gilles Roth, has invested 1% of its $811 million portfolio into Bitcoin ETF shares, making it the first Eurozone country to do so. The decision was made by the FSIL, Luxembourg's Intergenerational Sovereign Wealth Fund, to balance risk and signal Bitcoin's potential.

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