Harvard's Endowment Makes a Big Bet on Bitcoin 🚀
Harvard University's endowment has invested a whopping $116 million in BlackRock's IBIT ETF, a Bitcoin-tracking fund. This move signals that even the most elite institutions are confident in Bitcoin's potential, drawn by its liquidity and the security of SEC oversight.
The Wall Between TradFi and Crypto is Crashing
As traditional finance (TradFi) and crypto converge, institutional investment in Bitcoin is on the rise. This significant investment from Harvard's endowment underscores the growing acceptance of cryptocurrency in the mainstream financial world.
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