5 hours ago

Luxembourg Becomes First Eurozone Nation to Invest in Bitcoin Through Sovereign Wealth Fund

Luxembourg's Intergenerational Sovereign Wealth Fund has become the first state-level fund in the Eurozone to invest in Bitcoin, allocating 1% of its €764 million holdings (approximately $9 million) to Bitcoin ETFs as nation-states globally hold 515,885 BTC worth $63 billion.

The post Luxembourg Becomes First Eurozone Nation to Invest in Bitcoin Through Sovereign Wealth Fund appeared first on Cryptonews.

Source: Cryptonews →