Harvard Management Company disclosed a significant investment in a Bitcoin ETF, allocating approximately $116.6 million into BlackRock's fund.
Harvard's Major Investment in Bitcoin ETF
Harvard Management Company invested approximately $116.6 million in BlackRock’s iShares Bitcoin Trust. According to the latest SEC filing, this investment ranks as the fifth-largest in Harvard's portfolio as of June 30, 2025.
Market Impact and Reactions
Harvard's investment in the Bitcoin ETF reflects a growing interest from academia in regulated digital assets, potentially accelerating institutional adoption and legitimacy of Bitcoin ETFs. The financial sector is paying close attention to such endorsements, and other universities may follow suit. As Arthur Hayes, co-founder of BitMEX, stated: "Harvard's entry into Bitcoin ETFs is the ultimate signal that institutional adoption has gone mainstream."
Current Bitcoin Price Trends
According to CoinMarketCap, Bitcoin (BTC) is trading at $117,702.82, with a market cap of $2.34 trillion and a 24-hour volume of $58 billion. Bitcoin holds a market dominance of 59.18%. The price has appreciated over the past three months, indicating a sustained bullish trend.
Harvard's investment in the Bitcoin ETF illustrates growing confidence among institutional investors in the long-term value of Bitcoin and may have implications for future market regulations.
