On February 18, Intesa Sanpaolo, Italy’s largest banking group, reaffirmed holding $96 million in spot Bitcoin ETFs as of December 2023. SEC filings detail $72.6 million in the ARK 21Shares Bitcoin ETF and $23.4 million in BlackRock’s iShares Bitcoin Trust. These positions are part of the bank’s broader digital asset investment portfolio, which also includes exposure to Solana, put options on Strategy Inc., and equity stakes in companies such as Coinbase and Robinhood.