Harvard University's endowment fund has invested $116 million in BlackRock's iShares Bitcoin Trust (IBIT), a spot bitcoin exchange-traded fund. This investment marks one of the largest known bitcoin allocations by a US university endowment. The stake, disclosed in a quarterly SEC filing as of June 30, 2025, consists of approximately 1.9 million shares.
Key Details of the Investment:*
Investment Value:$116 million
Shares Held:~1.9 million
Ranking in Portfolio: 5th largest holding in Harvard's $53.2 billion endowment
Endowment Size:$53.2 billion, the largest in the US, surpassing Yale, Stanford, and Princeton
This move signifies a growing trend among institutional investors ,adding regulated bitcoin products to their portfolios. The investment also highlights Harvard's shift towards diversifying its portfolio beyond traditional stocks and bonds. The SEC's recent decision to increase the cap on options contracts for ETFs could enhance trading activity and benefit Harvard's investment$BTC