Search results for Intesa Sanpaolo
Crypto
Institutional bitcoin holdings fall 17% in Q1, banks quadruple from year ago
Institutional investors\' bitcoin holdings via U.S. spot exchange-traded funds fell sharply in the first quarter of 2026, according to a CoinShares analysis of 13F filings cited by CoinPost. Holdings dropped 17% to 261,000 BTC from 313,000 BTC, while assets under management fell 35% to $17.8 billion. Hedge funds and broker-dealers drove most selling. Banks were net buyers, lifting holdings to 15,200 BTC, up 339% from a year earlier.
Crypto
Euro stablecoin project Kibalis adds 25 banks ahead of launch
European banking consortium Kibalis has secured 25 additional banks across 15 countries, raising participating institutions to 37. It plans to launch a regulated euro stablecoin aligned with the European Union crypto regulatory framework MiCA in the second half of 2026, Cointelegraph reported. New members include ABN AMRO, Rabobank, Nordea and Intesa Sanpaolo. Spain had the most additions with five banks, while several other countries added two each.
Crypto
Italy\'s Intesa Sanpaolo cuts SOL, adds ETH and XRP in crypto rebalancing
Italy\'s largest bank Intesa Sanpaolo more than doubled its cryptocurrency-related holdings in the first quarter. Its crypto exposure rose to about $235 million as of March 31 from about $100 million at the end of 2025. The bank increased holdings of spot bitcoin ETFs, added ether and XRP via trust products, and sharply reduced a Solana staking ETF position. It also began derivatives trading with a new call option position tied to a bitcoin trust.