TechFlow reported on October 9 that, according to CoinDesk, the Luxembourg Future Generations Sovereign Wealth Fund (FSIL) has allocated 1% of its assets to Bitcoin ETFs, becoming the first national-level fund in the eurozone to make such an investment.
The investment decision was disclosed by Luxembourg's Finance Minister Gilles Roth in the 2026 budget report. Established in 2014, the fund holds approximately $730 million in assets, primarily invested in high-quality bonds. Under a new investment policy framework approved by the government in July this year, FSIL is authorized to allocate up to 15% of its assets to alternative investments, including private equity, real estate, and crypto assets.
Jonathan Westhead, representative of the Luxembourg Agency for Financial Development, stated that to avoid operational risks, the fund gains Bitcoin exposure through carefully selected ETFs. He noted that a 1% allocation strikes an appropriate balance given the fund’s unique positioning and mission, while also sending a clear signal about Bitcoin’s long-term potential.
