Luxembourg Bets On Bitcoin As Sovereign Fund Adds 1% Exposure To BTC ETFs
In an announcement made yesterday, Luxembourg's Finance Minister disclosed that the European country's Intergenerational Sovereign Wealth Fund (FSIL) is set to allocate 1% of its total portfolio to Bitcoin (BTC) exchange-traded funds (ETFs) and other cryptocurrencies. Luxembourg Wealth Fund Invests In Bitcoin In a major nod of approval for Bitcoin as a mainstream asset, Luxembourg's [...]