PANews reported on November 14th that, according to Cryptobriefing, Luxembourg's Finance Minister Gilles Roth stated on Thursday that although the country's intergenerational sovereign wealth fund (FSIL) has the right to invest in other crypto assets, it has decided to allocate 1% of its portfolio specifically to Bitcoin. He stated at the 2025 Amsterdam Bitcoin Conference that the fund's choice to invest solely in Bitcoin is a long-term strategic decision. Last month, the Luxembourg Ministry of Finance announced that the FSIL is the first sovereign wealth fund in Europe to invest in Bitcoin, allocating 1% of its portfolio to crypto assets such as Bitcoin through an 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 European competitiveness and is a "never-ending" system, with a growing number of European political leaders studying it. He also pointed out that crypto assets are not hype, but rather a bridge between code and capital; while the economy will not shift to the Bitcoin standard, it will become part of the future of finance.PANews reported on November 14th that, according to Cryptobriefing, Luxembourg's Finance Minister Gilles Roth stated on Thursday that although the country's intergenerational sovereign wealth fund (FSIL) has the right to invest in other crypto assets, it has decided to allocate 1% of its portfolio specifically to Bitcoin. He stated at the 2025 Amsterdam Bitcoin Conference that the fund's choice to invest solely in Bitcoin is a long-term strategic decision. Last month, the Luxembourg Ministry of Finance announced that the FSIL is the first sovereign wealth fund in Europe to invest in Bitcoin, allocating 1% of its portfolio to crypto assets such as Bitcoin through an 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 European competitiveness and is a "never-ending" system, with a growing number of European political leaders studying it. He also pointed out that crypto assets are not hype, but rather a bridge between code and capital; while the economy will not shift to the Bitcoin standard, it will become part of the future of finance.
Luxembourg's finance minister stated that the country's national fund will allocate assets solely to Bitcoin.
PANews reported on November 14th that, according to Cryptobriefing, Luxembourg's Finance Minister Gilles Roth stated on Thursday that although the country's intergenerational sovereign wealth fund (FSIL) has the right to invest in other crypto assets, it has decided to allocate 1% of its portfolio specifically to Bitcoin. He stated at the 2025 Amsterdam Bitcoin Conference that the fund's choice to invest solely in Bitcoin is a long-term strategic decision. Last month, the Luxembourg Ministry of Finance announced that the FSIL is the first sovereign wealth fund in Europe to invest in Bitcoin, allocating 1% of its portfolio to crypto assets such as Bitcoin through an 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 European competitiveness and is a "never-ending" system, with a growing number of European political leaders studying it. He also pointed out that crypto assets are not hype, but rather a bridge between code and capital; while the economy will not shift to the Bitcoin standard, it will become part of the future of finance.
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