Harvard Management Company
(managing the university’s ~$50B endowment) filed a 13-F disclosure showing a $116 million position in BlackRock’s iShares Bitcoin Trust (IBIT) as of June 30.
❇️What This Means
* 🔷Harvard’s allocation adds major credibility to Bitcoin ETFs in mainstream finance.
* 🔷IBIT ($116M) is a fully regulated, spot-BTC ETF offering traditional institutional liquidity (via BlackRock + Coinbase Prime).
* 🔷This marks a trend: Ivy League and other institutions (like Brown University) are gradually adopting crypto exposure.
✅Broader Context
* 🔺IBIT has quickly become the largest and fastest-growing spot Bitcoin ETF — managing tens of billions in assets.
* 🔺Institutional inflows remain heavy, signaling strong momentum and legitimacy for crypto assets.
In Short
🔸Harvard holds $116M in IBIT.
🔸Significance: Prestigious institution adopting BTC — real endorsement for crypto in traditional portfolios.
🔸Could influence more institutional flows into IBIT and similar regulated crypto vehicles.
📊 $116M is just the start. Imagine what happens when more institutions join in.
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