Harvard Invests $116 Million in BlackRock Bitcoin ETF, Major Step for Institutional Crypto Adoption

Harvard University has made a significant investment in the iShares Bitcoin ETF from Blackrock, committing a substantial sum of $116 million. This move signifies a pivotal step towards institutional adoption of cryptocurrency and positions Harvard as one of its top-ranked holdings. The decision aligns with broader trends among financial institutions embracing cryptocurrencies for their potential in growth and diversification.