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Italy’s Biggest Bank Cuts IBIT Exposure by 94% While Buying More Staked Ethereum
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FOMOGRAM Editorial Desk
Aug 4, 2026
EXECUTIVE SUMMARY
Italy's largest bank cut its Bitcoin ETF stake by 93.7% while tripling its holdings in staked Ethereum. This reflects a strategic shift in asset allocation.
Italy's largest bank cut its Bitcoin ETF stake by 93.7% while tripling its holdings in staked Ethereum. This reflects a strategic shift in asset allocation.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
Intesa Sanpaolo's increased investment in staked Ethereum indicates growing institutional confidence in ETH despite reduced Bitcoin exposure.
BTC OVERALL MARKET INDEX: 42 / 100 (NEUTRAL)
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