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 source: https://cointelegraph.com/news/norway-s-sovereign-wealth-fund-lost-40-b-in-q1-will-it-hedge-risk-by-increasing-bitcoin-exposure?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound