Tag: ETH

Intesa Sanpaolo Slashes Bitcoin ETF Exposure While Boosting Ethereum Holdings to Over $7 Million in Q2

Key highlights: Intesa Sanpaolo cut its spot Bitcoin ETF exposure while increasing its Ethereum allocation during Q2 The bank expanded its position in BlackRock’s iShares Staked Ethereum ETF to 349,600 shares worth $7.10 million It retained 40,723 shares of BlackRock’s Bitcoin ETF worth $1.36 million, while holding a 500,000 share protective put position valued at […]

Ethereum (ETH) Is About to Break a Key Barrier: Good News for All Altcoins?

By Dimitar Dzhondzhorov July was quite successful for the second-largest cryptocurrency, with its price rebounding by 18.5%. Many market observers expect much stronger upside ahead, with that progress potentially spilling over into the broader altcoin sector. ETH’s Next Targets The cryptocurrency made several attempts last month to reach the $2,000 psychological level but couldn’t succeed […]