Italy’s Intesa Sanpaolo Discloses Bitcoin ETF Position: Why A $100M Bank Bet Matters For New Investors?

Intesa Sanpaolo, Italy’s largest banking institution and one of Europe’s largest banks, has disclosed approximately $96 million in spot Bitcoin exchange-traded funds in a regulatory filing. Institutional adoption of digital assets has been picking up pace within Europe’s traditionally conservative banking sector. The bank’s Form 13F filing with the US Securities and Exchange Commission (SEC), covering positions as of 31 December 2025, also reveals a sophisticated $184.6 million put option position on Mi ...