Harvard Management Company — which oversees the world’s largest academic endowment, worth $49+ billion — has made a bold move into crypto! 📈 In its latest SEC filing, Harvard revealed a $116 million stake in BlackRock’s spot Bitcoin ETF (iShares Bitcoin Trust – IBIT).
That’s 1.9 million shares of IBIT, making Bitcoin Harvard’s 5th largest holding — right after giants like Microsoft, Amazon, Booking Holdings, and Meta. 💼🔥
And it’s not just Harvard! Brown University’s endowment also jumped in, scooping up around $13 million worth of the same ETF. 🎓💎
BlackRock’s IBIT is no small player either — it has now grown to over $86 billion in assets under management, becoming a major gateway for institutional investors to get Bitcoin exposure without holding the asset directly. 🪙📊
💡 Why this matters:
Ivy League money is some of the most conservative and long-term in the world.
Such big players moving into Bitcoin sends a strong signal to the market.
The “digital gold” narrative is clearly going mainstream among elite institutions.
📢 Bottom line: Bitcoin is no longer just for retail traders and crypto bros — it’s becoming a core asset for the world’s most prestigious funds. Harvard just gave BTC a seat at the grown-ups’ table. 🥂🚀
#ETHRally #MarketGreedRising #ETHOvertakesNetflix #BTCBreaksATH $BNB $BTC $XRP
