Intesa Sanpaolo institutional crypto asset allocation shifts
The developments in this story so far, most recent first.
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· date approximate Development
Intesa Sanpaolo triples staked Ether ETF position while cutting Bitcoin ETF shares
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· date approximate Background
Intesa Sanpaolo made its first direct bitcoin purchase.
In January 2025, Intesa Sanpaolo made its first direct purchase of bitcoin, acquiring 11 BTC for approximately 1 million euros, valued at about $1.2 million.