Italy’s biggest bank triples staked Ether ETF holdings while cutting IBIT shares

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Intesa Sanpaolo tripled its position in the iShares Staked Ethereum Trust ETF to 349,600 shares worth $7.1 million as of June 30, up from 116,200 shares valued at $3.15 million at the end of March. The bank cut its iShares Bitcoin Trust ETF holdings by 94% to 40,723 shares from 646,809 shares, and reduced its ARK 21Shares Bitcoin ETF position by 4% to 3.47 million shares worth $67.6 million. Italy’s largest bank kept its Grayscale XRP Trust position unchanged at 712,319 shares, nearly doubled its BitGo stake to 323,000 shares, and reduced its Coinbase position to 7,000 shares, according to an SEC filing.

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Telemac
Telemachttp://cryptoinfo.ch
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