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Italy's Largest Bank Doubles Crypto Holdings to $235M in Q1 2026

GateNews

Stocks Industry Reports

2026-05-18 05:41:58

IBIT-2.92%

According to 13F-derived data, Intesa Sanpaolo, Italy’s biggest bank, more than doubled its crypto-linked portfolio to approximately US$235 million in the first quarter of 2026, up from roughly US$100 million at the end of 2025. The bank’s holdings included US$95.9 million in iShares Bitcoin Trust call options and US$81.2 million in ARK 21Shares Bitcoin ETF shares, with additional exposure to Ethereum and XRP through listed trust products.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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