Harvard Flips the Script: Trims Bitcoin by 20%, Enters Ethereum Market With $86.8M Buy in Q4 2025
The post Harvard Flips the Script: Trims Bitcoin by 20%, Enters Ethereum Market With $86.8M Buy in Q4 2025 appeared on BitcoinEthereumNews.com.
TLDR: Harvard Management Company trimmed nearly 1.5 million Bitcoin ETF shares, reducing its position by roughly 21 percent in Q4 2025. HMC purchased nearly 4 million Ethereum ETF shares worth $86.8 million, marking its first-ever exposure to the asset class. Bitcoin fell from $126,000 to $88,429 while Ethereum lost 28 percent of its value during Harvard’s repositioning quarter. Finance professors from UCLA and University of Washington criticized Harvard’s crypto strategy, questioning valuations and portfolio risk management. Harvard Management Company sold approximately 20 percent of its Bitcoin holdings while placing an $86.8 million bet on Ethereum during the fourth quarter of fiscal year 2025. The endowment trimmed nearly 1.5 million shares of the iShares Bitcoin Trust yet opened a fresh position in an Ethereum exchange-traded fund. Securities and Exchange Commission filings released Friday confirmed the moves. Bitcoin remains Harvard’s largest publicly disclosed holding, valued at over $265 million despite the reduction. Harvard Shifts Crypto Strategy with Ethereum Entry Harvard Management Company’s $86.8 million Ethereum purchase marked the endowment’s first exposure to the asset. The fund acquired nearly 4 million shares of an Ethereum ETF, a cryptocurrency Harvard had never previously held. This move came as Bitcoin was trimmed by roughly 1.5 million shares, reflecting a broader repositioning within the digital asset space. The quarter proved turbulent for both cryptocurrencies. Bitcoin peaked near $126,000 in October 2025 before sliding to $88,429 by quarter’s end. Ethereum fared worse, shedding approximately 28 percent of its value over the same period. Harvard’s entry into Ethereum during this price decline suggests the fund saw longer-term opportunity despite short-term losses. Finance experts, however, raised questions about both moves. Andrew F. Siegel, an emeritus professor of finance at the University of Washington, called the Bitcoin investment outright “risky.” He pointed to a steep year-to-date decline and challenged…
Filed under: News - @ February 17, 2026 5:22 am