$BNB Bitcoin is also good for universities. Brown University – we are talking about Ivy League and therefore some of the most prestigious universities on the planet – revealed in a 13-F filing to the SEC that it holds approximately 105,000 shares of the iShares Bitcoin ETF.

The value is about 5 million dollars, a significant endowment compared to the total assets of Brown University, which also holds (in smaller percentages) shares of Google and Microsoft, as well as gold.

Now we will study not only the possible motivations for the purchase by Brown University, but also what kind of portfolio this university manages and what kind of relevance $IBIT from BlackRock has and will have.