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.