Harvard Management Reveals $116 Million #blackRock $BTC ETF Position
Harvard University's investment arm has disclosed a $116 million position in BlackRock's iShares # $BTC Trust through recent #SEC filings.
Brown University also increased its BlackRock #BitcoinETF holdings to $13 million after first buying exposure in May this year.
The Ivy League institutions join the Wisconsin State Investment Board and other major entities seeking regulated BTC exposure without direct custody.
Harvard Management Company filed the 13F form showing their substantial position in the world's largest Bitcoin ETF.
BlackRock's IBIT remains the most successful crypto ETF with $86.3 billion in assets under management since launching in January 2024.
The fund has received more cash ir than any other crypto #ETF since spot Bitcoin products gained regulatory approval
Traditional institutions continue adopting Bitcoin through ETF vehicles as the asset class gains mainstream acceptance.
Pension funds and U.S. states have purchased ETF exposure rather than holding digital coins directly in crypto wallets.
The regulatory filings demonstrate growing institutional confidence in $BTC as a legitimate asset class.
University endowments now view BTC ETFs as accessible alternatives to complex direct cryptocurrency storage and management.