Intesa Sanpaolo slashed IBIT stake by 94% in 2Q, tripled ether ETF holding as crypto prices slumped

CryptoInfo Editorial Team · Published on August 04, 2026 at 14:25 · Updated on August 04, 2026 · 1 min read

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Key Takeaways

→Intesa Sanpaolo reduced its IBIT stake by 94% in the second quarter.
→The bank tripled its holding of the iShares Staked Ethereum Trust ETF during the same period.
→Total bitcoin ETF holdings fell 35% to $69.3 million.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Intesa Sanpaolo, an Italian bank, has made significant adjustments to its cryptocurrency holdings in the second quarter, according to reporting from CoinDesk. The bank reduced its stake in IBIT by 94% during this period. In contrast, it tripled its holding of the iShares Staked Ethereum Trust ETF.

This change in holdings occurred as the overall crypto market prices slumped. Total bitcoin ETF holdings fell by 35% to $69.3 million. These moves reflect shifts in investment strategies during periods of market volatility.

Source: CoinDesk ↗

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