Intesa Sanpaolo reports $235M crypto exposure in Q1 2026 across Bitcoin, ETH and XRP
Intesa Sanpaolo disclosed that its crypto-related holdings rose from about $100M in Q4 2025 to roughly $235M in Q1 2026, including Bitcoin ETFs and new exposure to Ethereum and XRP. The filing also shows a new $95.9M call option tied to BlackRock’s IBIT, alongside increased positions in ARK 21Shares Bitcoin ETF and IBIT shares. The positions are described as proprietary trading on the bank’s own balance sheet, not a client product.