Harvard just invested $116 million in BlackRock's Bitcoin ETF, making the world's richest university endowment an official crypto player.
This move proves big money is finally taking Bitcoin seriously -no more "risky asset" talk when Ivy League institutions are buying. Harvard's stamp of approval means other elite schools and pension funds will likely follow, pushing even more institutional money into crypto.
The dam is breaking - what was once considered a fringe investment is now mainstream Wall Street business. And this is just the beginning $116 million is pocket change for Harvard, meaning bigger bets are coming. When the smart money moves, markets change forever. Bitcoin just got its most powerful endorsement yet.