Wire · operational-macro
Intesa Sanpaolo Cuts Bitcoin ETF Holdings by 93.7% as Japan FSA Creates Crypto Unit
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Fusion42 · 6 August 2026 · Fusion42 review
Intesa Sanpaolo dramatically cut its spot bitcoin ETF holdings by 93.7% while tripling its spot ether ETF holdings as of June 30. In parallel, Japan’s Financial Services Agency launched a new Crypto Assets and Stablecoin Department, effective August 7, to regulate crypto assets and stablecoins.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
Your access to Japanese crypto markets just tightened with the new FSA crypto unit; fintech founders must now navigate clearer compliance barriers while institutional demand for ether ETFs is shifting capital flows rapidly.
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1 source · 6 Aug 2026
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