🚨🇳🇴 NORWAY'S $1.7T FUND LOSES $40B IN Q1
🔹Norges Bank lost $40B in Q1 2025, hit by US tech stock decline.
🔹Fund holds ~$356M indirect Bitcoin exposure through tech stocks.
🔹Growing debate: Should it hedge risk by increasing Bitcoin-related investments?
🔹Direct Bitcoin ETF purchases seem unlikely without mandate changes.
🔹Other sovereign funds like Abu Dhabi’s Mubadala are already investing in Bitcoin ETFs.
-cointelegraph$BTC