Luxembourg Becomes First Eurozone Nation to Invest in Bitcoin Through Sovereign Wealth Fund
Luxembourg’s Intergenerational Sovereign Wealth Fund (FSIL) has turn out to be the primary state-level fund in the Eurozone to make investments in Bitcoin, allocating 1% of its holdings to Bitcoin exchange-traded funds (ETFs). Bob Kieffer, Luxembourg’s Director of the Treasury and Secretary General, introduced the transfer in an October 8 LinkedIn post. Kieffer famous that…
