Harvard Invests $116 Million in Bitcoin via BlackRock ETF

Harvard University has made a significant investment in the cryptocurrency market by allocating $116 million to BlackRock’s iShares Bitcoin ETF (IBIT). This marks the university’s entry into the top five of its endowment holdings, with Bitcoin now holding that position. The SEC filing confirming this allocation comes at a pivotal moment for institutional investors and Bitcoin adoption as regulations governing cryptocurrencies continue to evolve.