Kazakhstan Central Bank Allocates $190M to Crypto Funds and Bitcoin ETFs

The National Bank of Kazakhstan has invested roughly $190 million into cryptocurrency funds, digital assets, and Bitcoin-linked ETFs, marking the initial phase of its planned $700 million National Strategic Reserve. The deployment directs $100 million into crypto funds like Brevan Howard Digital, Ege DeFi, and PDO, alongside $90 million in digital assets and Bitcoin ETFs. Managed by the National Investment Corporation, the reserve is funded equally by central bank foreign exchange reserves and the sovereign National Fund. Later unverified social media claims suggested a separate direct $100 million Bitcoin purchase, but lacked official confirmation.