Intesa Sanpaolo Increases Crypto ETF Holdings to $235 Million in First Quarter
Italy's largest bank reported that its crypto ETF portfolio reached $235 million at the end of March. The bank added exposure to XRP and ETH while expanding existing positions in two Bitcoin funds.
cointelegraph.comItaly's largest bank reported that its crypto ETF holdings reached $235 million at the end of March 2026. Intesa Sanpaolo more than doubled the size of the portfolio during the first quarter. The bank added exposure to XRP and ETH while increasing its positions in BlackRock's IBIT and ARK 21Shares' BTC ETF.
The bank disclosed the updated holdings in its quarterly regulatory filing. No further details on the size of the individual additions were released. The moves follow a broader pattern of European banks expanding digital-asset exposure through regulated exchange-traded products.
Key Facts
Potential Impact
- 01
Regulated crypto products could see increased institutional demand.
Transparency Panel
Related Stories
Financial TimesRomania Expels Russian Consul General After Drone Strike
Romania ordered the expulsion of Russia's Consul General in Constanta and closed the consulate after a drone struck an apartment building in Galati, injuring two people. NATO and Romanian officials condemned the incident as reckless escalation.
fortune.comHouse Republicans stall on immigration enforcement funding bill
A roughly $70 billion measure to fund immigration enforcement through the end of President Donald Trump's term stalled in the House. Progress halted over White House ballroom security funding and a proposed $1.8 billion fund for government-mistreatment claims.
techjuice.pkCanada Seeks 50 Percent Rise in Exports to China by 2030
Foreign Minister Anita Anand stated the export target during a visit by her Chinese counterpart to Ottawa. The announcement comes amid U.S. tariffs that have altered trade patterns.