Harvard Invests $442 Million in BlackRock’s Bitcoin ETF, Signaling Institutional Acceptance

Harvard University has made a significant move by investing $442 million in BlackRock’s spot Bitcoin ETF (IBIT). This unprecedented commitment represents a major shift in institutional attitudes towards cryptocurrencies. The university is now the largest investor in IBIT’s portfolio, placing it among its most valued holdings in the prestigious endowment. Harvard’s decision signifies growing acceptance and confidence in Bitcoin as a legitimate asset class within conservative portfolios, leading to further ripple effects across financial markets.