Intesa Sanpaolo Triples Staked ETH ETF Position, Cuts IBIT by 94% in Q2
Italy’s Intesa Sanpaolo, according to its Aug. 4 SEC filing, tripled its stake in BlackRock’s iShares Staked Ethereum Trust (ETHB) to 349,600 shares worth $7.1M in Q2. It cut iShares Bitcoin Trust (IBIT) shares by ~94% to 40,723 and replaced most IBIT call options with put options. The bank also nearly doubled BitGo (BTGO) and added a new SpaceX (SPCX) stake.


