- Intesa Sanpaolo boosted its crypto holdings with an $18M XRP Trust position through regulated markets.
- Europe’s banking giant expanded into XRP while reducing Solana exposure and increasing Bitcoin ETF bets.
- Intesa Sanpaolo’s XRP investment highlights rising institutional demand for regulated crypto products.
Intesa Sanpaolo has expanded its crypto exposure by taking a position linked to the Grayscale XRP Trust, signaling growing institutional interest in the token. Analyst Xfinancebull said on X that the bank, which manages roughly $1.1 trillion in assets, built an estimated $18 million XRP-related position through the regulated investment product.
This is happening amid the rising engagement by financial organizations towards cryptocurrencies despite the presence of market volatility. As per a local report, Intesa Sanpaolo increased its total amount of cryptocurrency investment from around $100 million at the end of 2025 to approximately $235 million at the beginning of 2026.
Apart from Bitcoin and Ethereum investments, the institution also included XRP-based assets in its investment portfolio.
Institutional Crypto Shift Expands Beyond Bitcoin
As of March 31, Intesa Sanpaolo was holding 712,319 units of the Grayscale XRP Trust worth about $18 million. Rather than purchasing the XRP tokens on crypto exchanges, the Italian bank opted to go for the regulated investment products.
The bank also increased its Bitcoin and Ethereum holdings through ETF-linked products, including the ARK 21Shares Bitcoin ETF and iShares Bitcoin Trust. At the same time, it sharply reduced exposure to Solana-related investments. Holdings tied to the Bitwise Solana Staking ETF fell from more than 266,000 shares to 2,817 shares.
The changes point to a more selective approach toward cryptocurrencies. Intesa Sanpaolo has increased exposure to larger blockchain networks while cutting back on smaller positions. This shift suggests institutions are focusing more on established digital assets.
XRP Gains Institutional Visibility in Europe
The XRP trade caught many people’s interest as it involved Intesa Sanpaolo, one of the biggest banks in Europe. Although the trade is still small relative to the bank’s total assets, the trade indicates that big financial institutions are still considering investing in crypto products through regulated means.
Trading activity around XRP is also strong after the disclosure. According to CoinMarketCap data, as of writing, XRP was trading near $1.38 with more than $2.3 billion in daily trading volume. However, the token fell 2.45% over the past 24 hours as weakness is still across the broader crypto market.
Related: XRP Price Surges Above $1.54 as On-Chain Activity Hits Highest Level
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
