Bitcoin Set For $150 Billion Inflow As Trump Pushes Sovereign Fund: Expert

Bitcoin Set For $150 Billion Inflow As Trump Pushes Sovereign Fund: Expert

Bitcoin could see unprecedented capital inflows ranging from $150 billion to $500 billion as US President Donald Trump signed an executive order on Monday mandating the creation of a new sovereign wealth fund. The initiative—which did not explicitly reference BTC during its announcement—will be helmed jointly by US Secretary of Commerce Howard Lutnick and US […]


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Luxembourg Bets On Bitcoin As Sovereign Fund Adds 1% Exposure To BTC ETFs

In an announcement made yesterday, Luxembourg’s Finance Minister disclosed that the European country’s Intergenerational Sovereign Wealth Fund (FSIL) is set to allocate 1% of its total portfolio to Bitcoin (BTC) exchange-traded funds (ETFs) and other cryptocurrencies. Luxembourg Wealth Fund Invests In Bitcoin In a major nod of approval for Bitcoin as a mainstream asset, Luxembourg’s […]