Luxembourg Invests in Bitcoin via Regulated ETFs, First Eurozone Country to Do So

Luxembourg has made history by becoming the first country within the Eurozone to allocate a portion of its sovereign wealth fund to Bitcoin through regulated exchange-traded funds (ETFs). Finance Minister Gilles Roth confirmed this groundbreaking decision. This move signifies a significant shift in institutional adoption of cryptocurrency within the Eurozone. Up to 15% of the FSIL portfolio can now include alternative assets, with 1% allocated to Bitcoin ETFs. Luxembourg’s decision aligns with MiCA regulations and underscores its commitment to digital asset innovation.