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Italy’s Biggest Bank Cuts IBIT Exposure by 94% While Buying More Staked Ethereum
What happened
Italy’s largest banking group, Intesa Sanpaolo, sharply reduced its reported exposure to BlackRock’s iShares Bitcoin Trust (IBIT) in the second quarter. While its BTC-related position changed, the bank more than tripled its holdings in staked ETH. According to its latest Form.
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