Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the first XRP ETF debuts in Brazil, Argentina keeps winning the dollar battle, and experts warn about an energy collapse in Paraguay due to bitcoin mining. XRP ETF Launches in […] Source CryptoX Portal
Day: April 28, 2025
Norway’s sovereign wealth fund lost $40B in Q1— Will it hedge risk by increasing Bitcoin exposure?
Key takeaways: Norges Bank lost $40 billion in Q1 2025 as US tech stocks fell, exposing the risk of concentrated positions. The bank’s indirect Bitcoin exposure via stocks reached $356 million, raising sell pressure risk amid a global trade war and recession concerns. Abu Dhabi’s $437 million spot Bitcoin ETF stake shows sovereign wealth funds see Bitcoin as a hedge. Norges Bank, Norway’s $1.7 trillion sovereign wealth fund, reported a $40 billion loss in the first quarter of 2025, with most of the decline caused by a drop in the…