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