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  • Sohrab Khawas
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    Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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Luxembourg Fund Enters Bitcoin ETFs, a First for the Eurozone

Luxembourgโ€™s Intergenerational Sovereign Wealth Fund (FSIL) has allocated 1% of its portfolio to Bitcoin ETFs, marking the first such investment by a Eurozone state fund. This strategic move reflects growing acceptance of digital assets within European institutional investors. FSILโ€™s updated investment framework permits up to 15% allocation in alternative assets like digital currencies. The decision signals a significant step toward broader crypto adoption at the sovereign level in the Eurozone, setting a precedent for other national funds.

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