Harvard Reduces Bitcoin Holdings In Q4, Picks Up Ethereum
Harvard trimmed its Bitcoin holdings by 21% in the fourth quarter while establishing its first-ever position in Ethereum.
Harvard Management Company switched up its crypto exposure in the fourth quarter of fiscal year 2025, establishing its first position in an Ethereum exchange-traded fund while cutting back its Bitcoin holdings, according to a regulatory filing released Friday.
The endowment’s investment manager purchased 3.87 million shares of BlackRock’s iShares Ethereum Trust, a stake valued at $86.8 million as of Dec. 31. The
Harvard trimmed its Bitcoin holdings by 21% in the fourth quarter while establishing its first-ever position in Ethereum.
Harvard Management Company switched up its crypto exposure in the fourth quarter of fiscal year 2025, establishing its first position in an Ethereum exchange-traded fund while cutting back its Bitcoin holdings, according to a regulatory filing released Friday.
The endowment’s investment manager purchased 3.87 million shares of BlackRock’s iShares Ethereum Trust, a stake valued at $86.8 million as of Dec. 31. The
2 months ago
