Harvard Deepens Bitcoin Exposure Through IBIT Fund as Institutional Accumulation Grows

Harvard University has significantly increased its Bitcoin holdings through BlackRock’s IBIT fund, as new SEC filings reveal a major shift in their portfolio strategy. This move follows a period of market volatility and ETF outflows across the digital asset space. 6,813,612 shares of iShares Bitcoin Trust now signify Harvard’s top holdings, representing a 257% increase from June’s position. The investment also marks a significant allocation to gold ETFs as Harvard increased its exposure to GLD gold ETFs to nearly $235 million.