Intesa Sanpaolo Cuts Bitcoin ETF Stake 94% and Adds SpaceX Shares
In Q2 filings, Intesa Sanpaolo cut its iShares Bitcoin Trust holding by 94%, owning 40,723 IBIT shares worth $1.36M, and nearly eliminated call options as bitcoin fell. The bank also boosted its staked-ether ETF position, trimmed stakes in Coinbase, Circle and Robinhood, nearly doubled BitGo, and disclosed a new 5.66M SpaceX stake worth $966.42M.