Harvard Management Company has invested heavily in BlackRock’s iShares Bitcoin Trust ETF (IBIT), allocating over $116 million to the fund. This substantial position notably exceeds the university’s investment in tech giant Google, marking a definitive institutional shift toward regulated cryptocurrency assets.
The move signals a strategic pivot for major university endowments, reflecting increasing acceptance of digital assets within conservative investment portfolios. Concurrently, daily trading volumes for Bitcoin ETFs have doubled industry-wide, underscoring surging institutional demand.
Harvard’s endorsement highlights growing confidence in crypto-commodity ETFs as accessible, regulated exposure vehicles. Analysts anticipate this trend may accelerate adoption across traditional finance, reshaping institutional asset allocation strategies amid evolving regulatory landscapes.