A sovereign wealth fund in Luxembourg has invested 1% of its assets in a Bitcoin ETF

ChainCatcher news, according to CoinDesk, a sovereign wealth fund in Luxembourg has invested 1% of its assets in a Bitcoin ETF, becoming the first national fund in the Eurozone to take such a step.

Luxembourg's Finance Minister Gilles Roth revealed during the submission of the 2026 budget to the House of Representatives that Luxembourg's intergenerational sovereign wealth fund (FSIL) has invested 1% of its assets in Bitcoin. Jonathan Westhead, head of communications at the Luxembourg Financial Authority, stated that this investment is a practical implementation of FSIL's new investment policy, which was approved by the government in July 2025, aimed at showcasing Luxembourg's leading position in the digital finance sector.

Established in 2014, FSIL currently holds $730 million in assets, primarily invested in high-quality bonds. After the revised framework, FSIL can allocate up to 15% of its assets to alternative investments, including private equity, real estate, and crypto assets, in addition to continuing investments in the stock and bond markets. To mitigate risks, Bitcoin investments are made through selected ETFs.