Luxembourg's Intergenerational Sovereign Wealth Fund (FSIL) has invested 1% of its assets in a Bitcoin ETF, marking a significant move as the first national fund in the Eurozone to do so. This decision was announced by Finance Minister Gilles Roth during the presentation of the 2026 budget to the Chamber of Deputies. The investment aligns with FSIL's new policy, approved in July 2025, to enhance Luxembourg's leadership in digital finance.
FSIL, which manages $730 million primarily in high-quality bonds, has revised its investment framework to allow up to 15% allocation to alternative investments, including crypto assets. The fund's Bitcoin exposure is managed through selected ETFs to mitigate risk, reflecting a strategic shift towards diversifying its portfolio beyond traditional equities and bonds.
Luxembourg Sovereign Wealth Fund Allocates 1% to Bitcoin ETF
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