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Italy’s Largest Bank Cuts BlackRock Bitcoin ETF Stake 94%: Rotation to Ethereum?
FG
FOMOGRAM Editorial Desk
Aug 4, 2026
EXECUTIVE SUMMARY
Intesa Sanpaolo has cut its Bitcoin ETF stake by 93.7% while tripling its investment in Ethereum staking ETFs, indicating a strategic shift towards ETH. This trend suggests growing institutional preference for Ethereum over Bitcoin.
Intesa Sanpaolo has cut its Bitcoin ETF stake by 93.7% while tripling its investment in Ethereum staking ETFs, indicating a strategic shift towards ETH. This trend suggests growing institutional preference for Ethereum over Bitcoin.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
Intesa Sanpaolo's drastic reduction in Bitcoin ETF holdings in favor of Ethereum highlights a significant institutional shift towards yield-bearing assets.
BTC OVERALL MARKET INDEX: 45 / 100 (NEUTRAL)
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