Harvard University significantly expanded its investment in Bitcoin through ETFs during the third quarter, nearly tripling its holdings of BlackRock’s IBIT spot bitcoin ETF. This move marks a significant milestone as it demonstrates institutional acceptance of regulated Bitcoin exposure. The university now owns 6,813,612 shares of IBIT, more than doubling its June holdings to represent its largest U.S. investment. While the value of this position is currently near $364.4 million (down from a peak of $442.8 million), Harvard’s investment highlights growing trust in regulated Bitcoin products amidst market volatility. The university’s move signals a broader shift in how traditional capital allocates to Bitcoin. This follows an increase by Emory University, a leading U.S. university, which also significantly boosted its Bitcoin ETF holdings.