Harvard Management Company (HMC), which is the investment arm of Harvard University’s Endowment, recently reduced its position in a Bitcoin Exchange-Traded Fund (ETF) to approximately 21%.
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- Harvard Management Company has reduced its Bitcoin ETF investments by 21%. It has trimmed around 1.5 millions shares of iShares Bitcoin Trust IBIT, according to its most recent SEC 13F filing.
- Bitcoin, despite the decrease, remains the largest position of the endowment, with a value of approximately $265 million by the end of quarter four 2025.
- Harvard disclosed for the first time its allocation in an Ether linked ETF.
Harvard switches to ETH after Bitcoin ETFs drop by 21%
HMC has also taken a position worth millions of dollars in Ethereum.ETHETFs, as per a quarterly 13F filing With the U.S. Securities and Exchange Commission
It is a filing that discloses information. Harvard’s U.S. equity holdings at December 31, 2020, show that close to 1.5 millions shares of iShares Bitcoin Trust have been cut compared to last quarter.
Bitcoin) is still a very popular cryptocurrency.BTC( remains) HMC’s largest Publicly disclosed holdings with an estimated market value of $265.8 millions at the end of year.
Harvard made a strategic decision to acquire about 3,87 million shares in the iShares Ethereum Trust, valued at approximately $86.8 millions. The university has made its first public allocation to an Ether-linked ETF.
The filing highlights the adjustments made to digital asset ETFs. However, the larger shifts that have occurred in HMC’s equity positions are also shown, with both an increase and a reduction in major industrial and tech names. The crypto positions remain, despite the trimmings, among the top individual lines disclosed.
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Source: crypto.news
