Italy’s Intesa Sanpaolo cuts IBIT 94%, triples ETHB stake
Covered by 5 sources · 5 articles
5 outlets - including Crypto-economy, Coin-turk and Cryptotimes and 2 more - are covering this story. TL;DR Intesa Sanpaolo cut its IBIT stake by 94% to 40,723 shares, eliminated 99% of call options and added puts covering 500,000 shares. The bank tripled its ETHB holding to 349,600 shares worth $7.10 million even as Ether fell 25% and ETF…
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Intesa Sanpaolo Cuts IBIT Stake by 94% in Q2 and Triples Ether ETF Exposure During Market Slump
TL;DR Intesa Sanpaolo cut its IBIT stake by 94% to 40,723 shares, eliminated 99% of call options and added puts covering 500,000 shares. The bank tripled its ETHB holding to 349,600 shares worth $7.10 million even as Ether fell 25% and ETF…
Intesa Sanpaolo’s Bitcoin ETF holding drops 94%, triples stake in staked Ethereum fund
🚨 Intesa Sanpaolo slashed its Bitcoin ETF holding by 94% and tripled staked Ethereum shares. 📈 The bank grew its staked Ethereum position from 116,200 to 349,600 shares in Q2. 📉 Solana ETF holdings nearly vanished while $XRP exposure sta…
Intesa Sanpaolo Slashes IBIT Holdings 94%, Boosts ETH Stake 3X in Q2
The latest SEC filing reveals that Intesa reduced its IBIT holdings and call options by a wide margin while introducing a new put position tied to 500,000 IBIT shares.
Italy’s Intesa Sanpaolo cuts IBIT 94%, triples ETHB stake
Intesa Sanpaolo cut its IBIT shares 94%, added a 500,000 share put and tripled its staked Ethereum ETF holding during the second quarter.
Intesa Sanpaolo Crypto Holdings: Bitcoin Bet Cut 93.7% as Ethereum Stake Triples
Intesa Sanpaolo, Italy’s largest banking group, has made a sharp turn in its cryptocurrency ETF portfolio, and the numbers tell a story of retreat from Bitcoin exposure paired with a notable bet on staked Ethereum. According to the bank’s l…