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Intesa Sanpaolo Cuts Bitcoin ETF Stake 94% and Adds SpaceX Shares

Intesa Sanpaolo logoIntesa Sanpaolo
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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.

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