Bitcoin
Intesa Sanpaolo sharply reduces Bitcoin ETF holdings while tripling Ethereum stake position
The Italian bank substantially cut its exposure to Bitcoin ETFs during the second quarter while significantly expanding its staked Ethereum holdings.
Italian banking group Intesa Sanpaolo made significant portfolio adjustments in the second quarter, cutting its Bitcoin ETF position by 94 percent while tripling its holdings in staked Ethereum ETFs. The moves signal a marked shift in the institution's allocation between the two largest cryptocurrencies.
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