📌 Italy’s Intesa Sanpaolo cuts IBIT shares by 94%, doubles down on Ethereum: Details – Does Intesas IBIT decline reflect a larger shift in institutional sentiment toward Bitcoin?
$BTC
Italy’s Intesa Sanpaolo reportedly cut IBIT holdings by ~94% and reallocated capital toward #Ethereum as yields and regulatory shifts shape strategy.
Analysts say this tactical tilt doesn’t yet signal a broad institutional pivot to #Bitcoin; bank comment pending. #Macro Insights# #IntesaSanpaolo