PANews reported on October 9th that according to CoinDesk, a representative of the Luxembourg Financial Center Development Agency stated that a Luxembourg sovereign wealth fund has invested 1% of its assets in a Bitcoin ETF, becoming the first national fund in the Eurozone to take such a step. Luxembourg Finance Minister Gilles Roth revealed that Luxembourg's Intergenerational Sovereign Wealth Fund (FSIL) has invested 1% of its assets in Bitcoin when presenting the 2026 budget to the Chamber of Deputies. Jonathan Westhead, Head of Communications for the Luxembourg Financial Services Agency, stated that this investment is a testament to FSIL's new investment policy, approved by the government in July 2025, which aims to highlight Luxembourg's leading position in digital finance. FSIL, established in 2014, currently holds $730 million in assets, primarily invested in high-quality bonds. The revised framework allows FSIL to continue investing in equities and bonds while also allocating up to 15% of its assets to alternative investments, including private equity, real estate, and crypto assets. To mitigate risk, Bitcoin investments are made through selected ETFs.PANews reported on October 9th that according to CoinDesk, a representative of the Luxembourg Financial Center Development Agency stated that a Luxembourg sovereign wealth fund has invested 1% of its assets in a Bitcoin ETF, becoming the first national fund in the Eurozone to take such a step. Luxembourg Finance Minister Gilles Roth revealed that Luxembourg's Intergenerational Sovereign Wealth Fund (FSIL) has invested 1% of its assets in Bitcoin when presenting the 2026 budget to the Chamber of Deputies. Jonathan Westhead, Head of Communications for the Luxembourg Financial Services Agency, stated that this investment is a testament to FSIL's new investment policy, approved by the government in July 2025, which aims to highlight Luxembourg's leading position in digital finance. FSIL, established in 2014, currently holds $730 million in assets, primarily invested in high-quality bonds. The revised framework allows FSIL to continue investing in equities and bonds while also allocating up to 15% of its assets to alternative investments, including private equity, real estate, and crypto assets. To mitigate risk, Bitcoin investments are made through selected ETFs.