Executive Summary
- •Intesa Sanpaolo dumped its common iShares Bitcoin Trust shares by 93.7%, dropping from 646,809 to just 40,723.
- •The bank added a newly disclosed put position representing 500,000 Bitcoin ETF shares while nearly vaporizing its Solana exposure down to exactly seven shares.
- •Meanwhile, its staked Ethereum ETF holdings roughly tripled to 349,600 shares during the second quarter.
Community Sentiment
Key Developments & Data
Italy’s largest bank slashes its Bitcoin $BTC ETF call position by 99% to load up on staked Ethereum $ETH.
Intesa Sanpaolo dumped its common iShares Bitcoin Trust shares by 93.7%, dropping from 646,809 to just 40,723.
The bank added a newly disclosed put position representing 500,000 Bitcoin ETF shares while nearly vaporizing its Solana exposure down to exactly seven shares.
Meanwhile, its staked Ethereum ETF holdings roughly tripled to 349,600 shares during the second quarter.
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