Luxembourg's finance minister stated that the country's national fund will allocate assets solely to Bitcoin.
TL;DR
Luxembourg's sovereign wealth fund will allocate 1% of its assets solely to Bitcoin, reflecting a long-term commitment. The finance minister views Bitcoin as key to Europe's competitiveness and a bridge between code and capital.
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According to ChainCatcher, Luxembourg's Finance Minister Gilles Roth stated on Thursday that although the country's intergenerational sovereign wealth fund (FSIL) has the right to invest in other crypto assets, it has decided to allocate 1% of its portfolio specifically to Bitcoin. He stated at the 2025 Amsterdam Bitcoin Conference that the fund's decision to invest solely in Bitcoin reflects its long-term commitment.
Last month, Luxembourg's Ministry of Finance announced that the FSIL, Europe's first sovereign wealth fund to invest in Bitcoin, will allocate 1% of its assets to crypto assets such as Bitcoin through an ETF. Roth emphasized that cryptocurrencies, especially Bitcoin, are part of Europe's competitive strategy, and digital assets have become central to global policy discussions. He believes Bitcoin can enhance European competitiveness and is a "never-ending" system, with more and more European political leaders beginning to study it. He also pointed out that crypto assets are not hype, but rather a bridge between code and capital; while the economy will not shift to the Bitcoin standard, it will become part of the future of finance.