The post Harvard Purchases $116.6M of BlackRock’s Spot Bitcoin ETF in Major Crypto Investment appeared on BitcoinEthereumNews.com.

Key Takeaways: Harvard Management Company disclosed a $116.7 million stake in BlackRock’s iShares Bitcoin Trust (IBIT). Bitcoin now represents a larger holding for Harvard than gold, making up about 8% of its reported US-listed assets. The move signals a shift from years of exploratory crypto exposure to a major institutional allocation. Harvard University’s $53.2 billion endowment is taking a sharper turn toward digital assets, with new disclosures showing a significant position in Bitcoin via BlackRock’s spot Bitcoin ETF. The investment places the world’s most recognized cryptocurrency alongside the Ivy League giant’s top blue-chip equity holdings. Harvard Steps Up Bitcoin Exposure According to a Form 13F filed with the U.S. Securities and Exchange Commission (SEC) on August 8, Harvard Management Company (HMC) held 1,906,000 shares of BlackRock’s iShares Bitcoin Trust (IBIT) as of June 30. The position was valued at $116,666,260, making it one of the largest single holdings in the university’s publicly reportable portfolio. Percentage-wise, IBIT would constitute about 8% of the filings $1.4 billion in assets, numbering it in the same weight category as the stakes of Harvard in Meta Platforms and Alphabet. It is also significant that Bitcoin holds a much greater amount than the investment Harvard has in the SPDR Gold Trust (GLD), which is a mere 102 million dollars, and yet, a symbolic alteration in the trend of investing in real resources previously viewed as asset saving places, in favor of digital assets shows. Read More: BlackRock XRP ETF Speculation Heats Up After Ripple Lawsuit Resolution From Experimental to Institutional Allocation A Long Road to Spot Bitcoin Adoption Harvard’s relationship with digital assets goes back several years. In 2018, the university became one of the first major U.S. endowments to back crypto-focused venture capital funds. By 2019, SEC documents linked Harvard affiliates to token purchases in…

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Filed under: News - @ August 9, 2025 2:27 pm