FSIL

Luxembourg
2026-07-03 00:00:14

Luxembourg Joins the Bitcoin Arms Race: Nation's Wealth Fund to Buy Bitcoin for the First Time

Luxembourg's Intergenerational Sovereign Wealth Fund (FSIL) will allocate 1% of its portfolio (over €7 million) to Bitcoin ETFs, making it the first Eurozone sovereign fund to invest in crypto. Finance Minister Gilles Roth announced the decision during the 2026 budget presentation. The move follows a July 2025 policy revision allowing up to 15% of FSIL assets in alternative investments. Bob Kieffer, Luxembourg's Treasury Director, confirmed the details and emphasized the strategic, long-term perspective. This aligns with Luxembourg's ambition to become a digital assets hub under MiCA regulations. Globally, similar trends are seen in Norway, Czech Republic, UK, and Finland, signaling a shift in sovereign wealth management towards digital assets.

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Luxembourg Joins the Bitcoin Arms Race: Nation's Wealth Fund to Buy Bitcoin for the First Time