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[SITUATION] · [ACTIVE]
2 clusters · 6 sources · 28 days · First seen · Last updated
Categories: BUSINESS
Intesa Sanpaolo crypto portfolio shift
Entities: iShares Bitcoin Trust (IBIT) · Grayscale XRP Trust · Bitwise Solana Staking ETF · iShares Staked Ethereum Trust · Intesa Sanpaolo
Overview
In early July 2026, Italy’s largest bank, Intesa Sanpaolo, announced an $18 million investment in XRP, coinciding with the launch of an Ethereum institutional nonprofit.
A month later, its Form 13F filing for the quarter ending 30 June revealed a dramatic reallocation of its crypto‑asset holdings. The bank slashed its stake in BlackRock’s iShares Bitcoin Trust by more than 90 % and reduced its Bitcoin call options almost entirely, while more than tripling its position in the iShares Staked Ethereum Trust. Its XRP exposure remained unchanged, and it virtually exited the Bitwise Solana Staking ETF, cutting its holding to just seven shares.
Timeline
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2 days ago
[BUSINESS] 6 sourcesIntesa Sanpaolo Slashes Bitcoin ETF, Triples Staked Ethereum HoldingsIntesa Sanpaolo cut its Bitcoin ETF stake by 94%, added a Bitcoin put option, tripled its staked Ethereum holdings, kept XRP steady and nearly exited Solana.
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29 days ago
[BUSINESS] 2 sourcesIntesa Sanpaolo invests $18M in XRP as Ethereum Institutional nonprofit launchesIntesa Sanpaolo bought $18 M of XRP amid price pressure, while the new Ethereum Institutional nonprofit helped lift ETH above $1,700, marking growing institutional crypto activity.
Sources
blocktempo.com · blogtienao.com · coinpedia.org · crypto-insiders.nl · finex.cz · it.benzinga.com