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Harvard boosts BlackRock Bitcoin ETF holdings to $442.8 million, expanding exposure by 257%

Crypto Briefing
Harvard Management Company increased its BlackRock Bitcoin ETF holdings by 257% to $442.8 million in Q3.

Summary

Harvard Management Company, which oversees Harvard University’s endowment, significantly increased its investment in the BlackRock Bitcoin ETF during the third quarter, boosting its holdings to $442.8 million. This represents a 257% expansion of its crypto exposure, signaling growing institutional confidence in Bitcoin as a viable portfolio asset. The SEC filing also revealed that Harvard held $235 million in GLD gold ETF shares, an increase of 99% from the previous quarter.

(Source:Crypto Briefing)