Kazakhstan central bank reportedly directs $190 million into crypto funds and ETFs
Reports indicate that the National Bank of Kazakhstan has allocated $190 million toward crypto funds and digital asset ETFs, drawing from an estimated $700 million crypto reserve.
The National Bank of Kazakhstan has invested $190 million of its $700 million crypto reserve into hedge funds and digital asset exchange-traded funds (ETFs), according to a report shared by crypto commentator Scott Melker.[1]
Separate reporting from Bitcoin Magazine detailed that the central bank invested approximately $100 million into cryptocurrency funds, alongside an additional $90 million deployed into Bitcoin ETFs. Solid Intel similarly reported that Kazakhstan's central bank planned to invest about $100 million into crypto funds.[3][2]
Key facts
- The National Bank of Kazakhstan stated it has invested $190 million of its $700 million crypto reserve into hedge funds and digital asset ETFs.
- Bitcoin Magazine reported that Kazakhstan's central bank invested approximately $100 million in crypto funds and $90 million in Bitcoin ETFs.
- Solid Intel reported that Kazakhstan's central bank was set to invest about $100 million in crypto funds.
Sources 路 3 sources
- TW
The Wolf Of All Streets@scottmelkerPost on X 路
馃嚢馃嚳 KAZAKHSTAN'S NATIONAL BANK SAYS IT HAS INVESTED $190M OF ITS $700M CRYPTO RESERVE IN HEDGE FUNDS AND DIGITAL ASSET ETFS https://t.co/MVP63gSt3B
Open source - SI
Solid Intel 馃摗@solidintel_xPost on X 路
INTEL: Kazakhstan鈥檚 central bank to invests about $100 million in crypto funds
Open source - BM
Bitcoin Magazine@BitcoinMagazinePost on X 路
JUST IN: 馃嚢馃嚳 Kazakhstan Central Bank has invested ~$100 million in cryptocurrency funds 馃憖 In addition, $90 million was invested in Bitcoin ETFs 馃殌 https://t.co/Do0tNNycFL
Open source