Luxembourg Sovereign Wealth Fund Invests $9 Million in Bitcoin ETFs
The post Luxembourg Sovereign Wealth Fund Invests $9 Million in Bitcoin ETFs appeared first on Coinpedia Fintech NewsThe Luxembourg sovereign wealth fund has made a historic move into the crypto sector by allocating 1% of its $900 million portfolio, around $9 million, into Bitcoin exchange-traded funds (ETFs). This marks one of the first instances of a European state-backed investment fund embracing Bitcoin through a regulated investment vehicle. The announcement was made by ...