🇱🇺LUXEMBOURG'S SOVEREIGN WEALTH FUND ALLOCATES 1% TO SPOT BITCOIN ETFS
LUXEMBOURG'S SOVEREIGN WEALTH FUND DIVERSIFIES WITH BITCOIN
The Luxembourg Sovereign Wealth Fund has made a landmark decision to allocate 1% of its total portfolio to Spot Bitcoin ETFs (Exchange-Traded Funds).
This move, stepping outside of traditional investments, highlights the growing acceptance of digital currencies and their potential for high returns. Investing via Spot Bitcoin ETFs offers a simplified and regulated entry into Bitcoin for institutional investors. This significant decision is expected to set a precedent for other global institutional funds and further boost the mainstream legitimacy of the cryptocurrency market.
