Loading...
Market
Story
Italy's Largest Bank Makes Spot Bitcoin Purchase, Prepares for Demand from High-Net-Worth Clients
Jan 15, 2025, 05:42 PM
Italy's largest bank has made a spot Bitcoin purchase, signaling its readiness to meet increasing demand from high-net-worth clients. According to Bloomberg, the bank has established the necessary infrastructure to accommodate potential interest from larger clients in Bitcoin investments. This move reflects a broader trend of institutional adoption within the cryptocurrency market, as financial institutions prepare for the growing appetite for digital assets among affluent investors. The bank indicated that it felt the need to prepare for potential demand from its bigger clients, underscoring the evolving landscape of cryptocurrency in traditional finance.
View original story
Similar markets
No • 50%
Yes • 50%
Yes • 50%
No • 50%
Other outcomes • 25%
Other banks follow suit • 25%
No significant impact • 25%
Increased regulatory measures • 25%
More than €10 million • 25%
Less than €1 million • 25%
Between €1 million and €5 million • 25%
Between €5 million and €10 million • 25%
26-50% • 25%
51-75% • 25%
76-100% • 25%
0-25% • 25%
Break-even • 25%
Not disclosed • 25%
Profitable investment • 25%
Loss-making investment • 25%
Yes • 50%
No • 50%
Increase by more than 50% • 25%
Decrease by 0-50% • 25%
Increase by 0-50% • 25%
Decrease by more than 50% • 25%