Institutional Pivot: Banks Trim Bitcoin, Boost Ethereum as Stablecoin Infrastructure Expands

The crypto market is undergoing a quiet institutional repositioning. Banks and payment giants are simultaneously trimming Bitcoin exposure while ramping up bets on Ethereum and stablecoin infrastructure, signaling a strategic shift from pure store-of-value plays to yield-generating and utility-focused crypto assets.

Proof of Work

• Italy’s largest bank, Intesa Sanpaolo, tripled its staked Ether ETF holdings to $7.1 million while slashing its iShares Bitcoin Trust position by...