"Some might argue that we're committing too little too late; others will point out the volatility and speculative nature of the investment. Yet, given the FSIL's particular profile and mission, the fund's management board concluded that a 1% allocation strikes the right balance, while sending a clear message about bitcoin's long-term potential."
"This is really great news for crypto-assets because this is the first investment of a public fund in bitcoin in Luxembourg,"
"To avoid operational risks, the exposure to bitcoin has been taken through a selection of ETF"
Luxembourg's Intergenerational Sovereign Wealth Fund (FSIL) will allocate 1% of its total portfolio—over €7 million—to Bitcoin and other cryptocurrencies via exchange-traded funds. As of June 30, 2025 the FSIL held $887 million, primarily in investment-grade bonds (53%) and index funds (46%), with less than 1% in cash. At current asset levels the planned allocation would translate to roughly $9.5 million in Bitcoin exposure through ETFs. A July 2025 investment policy revision permits up to 15% in alternative investments including private equity, real estate, and cryptocurrencies. The ETF route is intended to avoid direct custody and operational risks while signaling confidence in Bitcoin's long-term potential.
Read at Bitcoin Magazine
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