Luxembourg's finance minister says the country's state fund allocates assets only to bitcoin

Luxembourg's finance minister, Gilles Roth, said on Thursday that although the country's intergenerational sovereign wealth fund (FSIL) has the right to invest in other crypto assets, it has decided to allocate 1% of its portfolio exclusively to bitcoin. He said at the 2025 Bitcoin Congress in Amsterdam that the fund chose to invest only in bitcoin and pursue long-term development. Last month, the Luxembourg Ministry of Finance said that FSIL is the first sovereign wealth fund in Europe to invest in bitcoin and will allocate 1% to cryptoassets such as bitcoin through ETFs. Roth stressed that cryptocurrencies, especially bitcoin, are part of Europe's competitive strategy, and digital assets have become the core of global policy discussions. He sees bitcoin as a "never-ending" system that boosts European competitiveness and that more and more European political leaders are studying it. He also points out that crypto assets are not hype, but a bridge between code and capital, and that while the economy will not shift to bitcoin standards, it will become part of the future of finance.