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Luxembourg Confirms 1% Bitcoin Stake in Sovereign Fund, First in Europe

Officials used MiCA-compliant ETFs to take a measured, long-term position intended to signal financial competitiveness.

Overview

  • Finance Minister Gilles Roth said the allocation is already executed and will be held for the long haul.
  • FSIL’s Bitcoin exposure equals about €7–7.45 million of a roughly €745 million fund.
  • The investment was implemented through regulated Bitcoin ETFs under the EU’s Markets in Crypto-Assets framework.
  • Although policy permits other crypto assets, the fund opted for a Bitcoin-only approach.
  • Luxembourg frames the move as a model smaller states could test, highlighted by the Czech National Bank’s new $1 million digital-asset pilot.