Luxembourg Becomes First Eurozone Country to Invest in Bitcoin with Sovereign Wealth Fund
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Luxembourg has invested in bitcoin through its sovereign wealth fund, reportedly becoming the first eurozone country to do so. The investment is said to be around 1% of the fund's portfolio, with some outlets specifying that the investment is in bitcoin exchange-traded funds (ETFs). The move appears to be a first for a eurozone nation, with details of the investment consistent across various reports.
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