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Intesa’s Crypto Push Includes $96 Million in Bitcoin ETFs

Intesa’s Crypto Push Includes $96 Million in Bitcoin ETFs


  • Cryptocurrency
  • Blockchain
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  • Bitcoin
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    Italy’s biggest bank Intesa Sanpaolo SpA said it held $96 million in Bitcoin exchange-traded funds at the end of last year as part of its growing exposure to crypto.

    The lender held five spot Bitcoin ETF positions, including $72.6 million in the ARK 21Shares Bitcoin ETF and $23.4 million in the iShares Bitcoin Trust, according to the bank’s 13-F filing with the Securities and Exchange Commission.

    Author

    Sonia Sirletti

    Source

    bloomberg.com

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