Major Universities, Including Harvard, Increase Holdings in Bitcoin ETFs

Major Universities, Including Harvard, Increase Holdings in Bitcoin ETFs

Harvard University and other major academic institutions have started integrating Bitcoin into their portfolios through investments in specialized ETFs, signaling a significant shift in institutional adoption of cryptocurrencies.

Harvard Management Company reported holding 1.9 million shares in the iShares Bitcoin Trust, worth over $116 million, making it one of its largest portfolio positions. This reflects growing interest in Bitcoin as a diversification tool and inflation hedge.

Other universities like Brown and Emory have followed suit, while the University of Austin launched a dedicated $5 million Bitcoin fund. The rapid growth of IBIT's assets under management, increasing by more than 34% in one year, indicates rising institutional confidence in Bitcoin, supporting the maturation of the crypto market.