Harvard Endowment Takes Rare Leap Into Bitcoin With $443M Bet on BlackRock's IBIT
Harvard University's endowment disclosed a $443 million stake in BlackRock's IBIT, its largest known equity position.Summary
Harvard University's endowment has revealed a $443 million investment in BlackRock's iShares Bitcoin Trust (IBIT), making it the fund's largest known equity holding as of the third quarter of 2025, according to a 13F filing. This position represents just over 20% of Harvard's reported U.S.-listed public equity holdings, a move considered rare as institutional investors typically favor private equity or real estate over ETFs. Although the IBIT investment is less than 1% of Harvard's total $55 billion endowment, it places the university among the top 20 holders of the spot bitcoin ETF, which currently manages nearly $75 billion in net assets. This disclosure occurred while the price of bitcoin had recently dropped over 5% to around $96,000.
(Source：CoinDesk)