Harvard University has announced a significant investment of $116 million in BlackRock's Bitcoin ETF, highlighting the growing interest in cryptocurrencies among institutional investors.
Harvard's Investment in Bitcoin ETF
Harvard's investments in BlackRock's iShares Bitcoin ETF (IBIT) amount to $116 million. According to an SEC filing, this makes Bitcoin the fifth-largest asset in its endowment portfolio as of June 2025.
Impact on Institutional Bitcoin Investments
With this investment, Harvard becomes the 29th largest institutional holder of IBIT. This strategy indicates a rising interest among institutions in Bitcoin, observed at other universities like Brown and Emory.
Comments and Market Outlook
According to Harvard Professor Robert Kaplan, 'The endowment and its asset allocation is set up to anticipate you’re gonna have some volatile periods.' This underscores the growing institutionalization of Bitcoin among U.S. academic endowments following the SEC's approval of spot Bitcoin ETFs in 2024.
Harvard's investment in the Bitcoin ETF signals a growing interest in cryptocurrencies among institutional investors and positions Bitcoin as a significant asset in traditional investment portfolios.
