Harvard Endowment Takes Rare Leap Into Bitcoin With $443M Bet on BlackRock's IBIT

Harvard increased its holding in BlackRock’s iShares Bitcoin Trust (IBIT) by about $326 million, bringing its IBIT exposure to roughly $442 million. IBIT is now Harvard’s largest reported 13F position (≈21% of the reported portfolio) and represents about 0.5% of the university’s total endowment. Harvard is the 16th-largest holder of IBIT. IBIT remains the largest spot Bitcoin ETP with about $80 billion AUM despite heavy November outflows (including $866 million on Nov. 13).
AI Analysis
Harvard materially increased IBIT exposure by ~$326M to ~$442M (tripling its BTC ETF stake); the position is ~21% of its reported 13F and ~0.5% of the endowment, and IBIT has ~$80B AUM though it saw heavy November outflows (including $866M on Nov. 13).