Luxembourg’s sovereign wealth fund invests 1% of its holdings into Bitcoin ETFs, becoming the first Eurozone state-level fund to do so amid thriving crypto assets. Meanwhile, other countries like Finland, Georgia, and the U.K. also hold Bitcoin, mostly sourced from criminal seizures. This move comes as a part of the updated investment policy for Luxembourg’s Intergenerational Sovereign Wealth Fund, allowing allocation towards alternative investments including crypto assets.
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