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2025-11-14 05:46:14

Luxembourg Sovereign Wealth Fund Chose Only Bitcoin, ‘There’s No Second Best’: Finance Minister

Luxembourg has chosen only Bitcoin for its Intergenerational Sovereign Wealth Fund of Luxembourg (FSIL) and does not intend to diversify. The nation has already allocated 1% of its assets, which is about €7 million, to Bitcoin . Speaking at the Bitcoin Amsterdam 2025 , Luxembourg’s Finance Minister Gilles Roth stressed that the nation is keen to be among the first to adopt BTC through its Sovereign Wealth Fund. “Bitcoin will help shape the future of finance: secure, open and competitive,” the minister wrote on X. At #Bitcoin Amsterdam. believes in responsible innovation: from building a trusted home for digital assets to being the first sovereign in Europe to invest in Bitcoin through our Sovereign Wealth Fund. Bitcoin will help shape the future of finance: secure, open and competitive. pic.twitter.com/FD2346qLCd — Gilles Roth (@RothGilles) November 13, 2025 Minister Roth explicitly noted that though the fund’s investment policy allows for an allocation in any crypto asset, “it has chosen to invest only in Bitcoin.” “Because, as Michel Saylor once said, there is no second best… and we’re in it for the long haul,” he noted, followed by an instant applause across the room. “Let Me Be Clear: Luxembourg HODLs” – Finance Minister The minister closed his speech with a clear policy stance, emphasizing that the nation plans to hold the crypto. “Let me be clear: Luxembourg HODLs. We are still very early. I am sure we will still soon follow our lead.” Luxembourg, being one of the world’s largest cross-border investment hub, manages over €7.6 trillion in funds. “In recent years, a whole range of cross-border fintech companies have set up in Luxembourg,” he continued. These companies serve as payment gateways, tokenization platforms and regulatory platforms for clients across the globe, Roth added. In June, crypto exchange Coinbase won a European Union Markets in Crypto Assets license (MiCA) from Luxembourg to offer crypto services across the European Union. However, the exchange’s intended operations in Luxembourg would be relatively less, as reported earlier . From Flagging Crypto Businesses “High Risk” to Welcoming Digital Assets Surprisingly, Luxembourg labelled crypto firms as “high-risk” entities for money laundering in its 2025 risk report. The study highlighted how Virtual Asset Service Providers (VASPs) often operate in decentralized environments, complicating oversight. “Over the past decade, we have built a trusty tone for Bitcoin and digital assets,” Gilles Roth said. In fact, the nation regulated the very first European crypto exchange, Bitstamp, nearly a decade ago . Luxembourg supports the industry “to make crypto a trusted asset class. We are convinced that the future of finance is digital,” he added, referring to Bitcoin as “digital gold.” The post Luxembourg Sovereign Wealth Fund Chose Only Bitcoin, ‘There’s No Second Best’: Finance Minister appeared first on Cryptonews .

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