Harvard endowment boosts position in BlackRock’s iShares Bitcoin Trust (IBIT), now larger than its Alphabet stake

Regulatory filings show Harvard built and then substantially increased a position in BlackRock’s iShares Bitcoin Trust (IBIT), lifting its Bitcoin ETF exposure above stakes in Alphabet and other big‑tech names. Brown, Emory and other U.S. university endowments disclosed multi‑million dollar positions in Bitcoin ETFs and trusts. The disclosures come as Bitcoin trades near $68,400 while Ethereum and Solana also rally, indicating renewed institutional allocation into crypto.
AI Analysis
Regulatory filings confirm Harvard increased its holding in BlackRock’s IBIT to a size larger than its Alphabet stake; Brown, Emory and other U.S. endowments disclosed multi‑million dollar positions in Bitcoin ETFs/trusts; these disclosures coincide with Bitcoin trading near $68,400 and rallies in Ethereum and Solana.