The Italian bank tripled its holding of iShares Staked Ethereum Trust ETF stake as total bitcoin ETF holdings fell 35% to $69.3 million. Italian banking giant Intesa Sanpaolo cut its IBIT shareholding by 94%, nearly eliminated its calls and added puts covering 500,000 shares in the second quarter. In contrast, it tripled its stake in iShares Staked Ethereum Trust ETF (ETHB). Bitcoin slid 14% in the quarter and U.S. spot ETFs saw net outflows of $4.89 billion, while ether slumped 25% with a net…
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