Intesa Sanpaolo slashes IBIT common shares 93.7% in Q2 and lifts ETHB stake to 349,600 shares

Intesa Sanpaolo sharply reduced its reported holdings of BlackRock’s iShares Bitcoin Trust (IBIT) in the second quarter, cutting common shares by 93.7% and shrinking its call-linked exposure by 99.3%. The bank also reported a new put position tied to 500,000 IBIT shares, while increasing its iShares Staked Ethereum Trust ETF (ETHB) stake to 349,600 shares and nearly exiting a Solana staking ETF. It still disclosed about 3.47 million shares of the ARK 21Shares Bitcoin ETF (ARKB), according to a Form 13F filing.