Luxembourg's Finance Minister says the country's national fund allocates assets only to bitcoin
According to ChainCatcher, market sources report that Luxembourg's Finance Minister Gilles Roth stated on Thursday that although the country's intergenerational sovereign wealth fund (FSIL) is authorized to invest in other crypto assets, it has decided to allocate 1% of its portfolio exclusively to bitcoin. Speaking at the 2025 Amsterdam Bitcoin Conference, he said the fund chose to invest only in bitcoin, aiming for long-term development.
Last month, Luxembourg's Ministry of Finance announced that FSIL is the first sovereign wealth fund in Europe to invest in bitcoin, allocating 1% to bitcoin and other crypto assets via 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 Europe's competitiveness, describing it as a "never-stopping" system that more and more European political leaders are beginning to study. He also pointed out that crypto assets are not hype, but a bridge between code and capital. Although the economy will not shift to a bitcoin standard, it will become part of the future of finance.
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