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Intesa Sanpaolo cut its IBIT stake by 94% to 40,723 shares and added puts covering 500,000 shares in Q2. The bank tripled its ETHB holding to 349,600 shares while bitcoin fell 14% and ether slumped 25%.

Intesa Sanpaolo tripled its iShares Staked Ethereum Trust ETF (ETHB) holdings to 349,600 shares worth $7.1 million as of June 30. The bank cut its iShares Bitcoin Trust ETF (IBIT) stake by about 94% to 40,723 shares while retaining 3.47 million ARK 21Shares Bitcoin ETF (ARKB) shares worth $67.6 million.
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