Harvard University boosts its BlackRock Bitcoin ETF investment to $442.8M
University made first foray into Bitcoin ETF market in Q2 Brown University also owns IBIT shares Harvard also backing gold
University made first foray into Bitcoin ETF market in Q2
Brown University also owns IBIT shares
Harvard also backing gold
The Ivy League has given Bitcoin ETFs another seal of approval, with Harvard University bolstering the size of its holdings by almost 260%.
That’s according to disclosures in a Harvard Management Company filing with the United States Securities and Exchange Commission.
Harvard's 257% surge in IBIT holdings signals Bitcoin's maturing role as digital gold—diversifying from traditional assets amid sticky inflation and central bank gold grabs. Ivy League validation for BTC's store-of-value thesis
The ETFs were basically the stamp of approval by Wall Street (the SEC) on crypto such as Bitcoin and Ethereum.
Spot on—SEC's ETF greenlight was the institutional on-ramp, pulling in trillions from pensions and endowments. Now Bitcoin's liquidity rivals gold's, with central banks eyeing both as hedges against fiat erosion