Nexo Earn with Nexo
Luxembourg’s sovereign wealth fund to invest 1% of its portfolio in Bitcoin and crypto

Photo: Li Jia

Luxembourg’s sovereign wealth fund to invest 1% of its portfolio in Bitcoin and crypto

Luxembourg’s investment highlights a shift in European sovereign wealth strategies toward embracing digital assets for diversification and innovation.

Luxembourg will become the first European country to add Bitcoin to its sovereign wealth fund today, marking a historic milestone for crypto adoption on the continent.

The Finance Ministry confirmed that the country’s sovereign wealth fund, FSIL, will allocate 1% of its portfolio to Bitcoin and other cryptocurrencies via ETFs.

Luxembourg’s move follows global trends toward Bitcoin as a sovereign reserve asset. The decision signals a broader shift in European public investment strategies, with the nation’s approach bridging traditional finance and blockchain technology.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

Luxembourg’s sovereign wealth fund to invest 1% of its portfolio in Bitcoin and crypto

Luxembourg’s sovereign wealth fund to invest 1% of its portfolio in Bitcoin and crypto

Luxembourg’s investment highlights a shift in European sovereign wealth strategies toward embracing digital assets for diversification and innovation.

Photo: Li Jia

Luxembourg will become the first European country to add Bitcoin to its sovereign wealth fund today, marking a historic milestone for crypto adoption on the continent.

The Finance Ministry confirmed that the country’s sovereign wealth fund, FSIL, will allocate 1% of its portfolio to Bitcoin and other cryptocurrencies via ETFs.

Luxembourg’s move follows global trends toward Bitcoin as a sovereign reserve asset. The decision signals a broader shift in European public investment strategies, with the nation’s approach bridging traditional finance and blockchain technology.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.