Intesa’s Bitcoin Gambit: ETFs, Options, and Sartorial Elegance

In the hallowed quarter of December 2025, the bank’s 13F filing revealed a portfolio as opulent as a Balmoral ballroom. Therein, one finds $72.6 million in the ARK 21Shares Bitcoin ETF (a rather fetching ticker, if one admires alliteration), and $23.4 million in the iShares Bitcoin Trust, totaling just shy of a hundred million dollars. A minor blip for a bank of Intesa’s stature, yet it speaks volumes of their daring-or perhaps their accountant’s fondness for spreadsheets.



