Harvard Dumps Its Ethereum and Bitcoin ETF Investment
Summary
Harvard Management Company reduced its stake in BlackRock's iShares Bitcoin Trust (IBIT) by 43% in Q1 2026 and fully liquidated its position in the BlackRock Ethereum ETF (ETHA). While these moves represent a notable pullback from crypto-assets, the endowment maintains roughly $117 million in Bitcoin ETF holdings. The shift reflects a broader trend of portfolio rebalancing among institutional investors, contrasting with entities like Mubadala, which continued to increase its Bitcoin ETF exposure during the same period.
(Source:BeInCrypto)