Italy's largest bank, Intesa Sanpaolo, has disclosed holding a $96 million Bitcoin ETF.

BlockBeats News, February 18th, Italy's largest bank Intesa Sanpaolo SpA announced that as of the end of last year, it held a bitcoin spot ETF worth approximately $96 million, further expanding its exposure to the cryptocurrency asset class.

According to its 13-F filing with the U.S. Securities and Exchange Commission, the bank held a total of 5 spot bitcoin ETF positions, including around $72.6 million in ARK 21Shares Bitcoin ETF and approximately $23.4 million in iShares Bitcoin Trust.