Luxembourg has become the first Eurozone nation to invest in Bitcoin through its International Sovereign Wealth Fund (FSIL). The country has allocated 1% of its FSIL $730 million holdings into Bitcoin ETFs.
Gilles Roth, Luxembourg’s Finance Minister, announced this today during the presentation of the 2026 national budget before the Chambre des Députés. Roth revealed that the investment reflects the country’s long-term strategy to diversify its sovereign funds, per the investment policy passed in July 2025.
According to Jonathan Westhead, head of communications for the Luxembourg Finance Agency, the decision to invest 1% of the FSIL fund in Bitcoin reflected the growing maturity of the new digital asset class.
He believes the country has reaffirmed its position as a leader in digital finance across the European continent as a leader in digital finance. Westhead explained that the investment was executed via Bitcoin exchange-traded funds (ETFs) to reduce risks and maintain compliance with the country’s regulatory framework for diverse investments.
The Intergenerational Sovereign Wealth Fund (FSIL) was established in 2014 to preserve and grow national wealth for future generations. The fund was primarily intended to consist of high-quality bonds, prioritizing conservative investment options. However, the latest policy revision in July allowed the fund to allocate up to 15% of its assets to alternative investment strategies such as private equities, real estate, and crypto.
