Italy’s biggest bank triples staked Ether ETF holdings while cutting IBIT shares

CryptoInfo Editorial Team · Published on August 04, 2026 at 11:55 · 1 min read

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Key Takeaways

→Intesa Sanpaolo has tripled its staked Ether ETF holdings to $7.1 million.
→The bank has reduced its holdings in two spot Bitcoin ETFs, specifically IBIT shares.

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

Italy's largest bank, Intesa Sanpaolo, has adjusted its Exchange-Traded Fund (ETF) holdings, as reported by CoinTelegraph. The bank has increased its staked Ether ETF position to $7.1 million, effectively tripling its holdings.

Concurrently, Intesa Sanpaolo reduced its holdings in two spot Bitcoin ETFs, specifically IBIT shares. This move indicates a shift in the bank's investment strategy, favoring staked Ether over spot Bitcoin ETFs.

The decision by Intesa Sanpaolo to alter its ETF portfolio is based on reporting from CoinTelegraph. The bank's increased stake in staked Ether ETFs suggests a growing interest in Ethereum-based investments.

Source: CoinTelegraph ↗

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