- BIT-70Negative
Wu Blockchain (@WuBlockchain)
Italy’s Largest Bank Intesa Sanpaolo Cuts IBIT Stake 94%, Triples Staked Ethereum ETF Holdings Italy’s largest banking group, Intesa Sanpaolo, reported in its latest Form 13F that, as of June 30, its common-share position in BlackRock’s iShares Bitcoin Trust (IBIT) fell 93.7% from the previous quarter to 40,723 shares. The underlying-share amount tied to its reported IBIT call position dropped 99.3% to 18,000 shares, while a new put position equivalent to 500,000 IBIT shares appeared. Meanwhile, its iShares Staked Ethereum Trust ETF holding rose from 116,200 to 349,600 shares, while its Bitwise Solana Staking ETF position fell from 2,817 shares to seven. The filing does not reveal the bank’s full options structure or net exposure.