Reduction of position in Bitcoin (IBIT)
Harvard University's endowment fund (Harvard Management Company) sold about 21% of its shares in BlackRock's spot BTC ETF.
- The fund still owns approximately 5.35 million IBIT shares.
- This is valued at $265.8 million (as of the end of 2025).
- Despite the sale, the Bitcoin ETF remains the largest public asset in the fund's portfolio, exceeding its holdings in Microsoft, Amazon, and Alphabet.
Purchase of Ethereum (ETHA)
The fund opened a new position in BlackRock's spot Ethereum ETF.
- Approximately 3.87 million ETHA shares were purchased.
- The investment is valued at $86.8 million.
The total value of the fund's crypto assets (BTC + ETH) is over $352 million.
Continue reading this article on source: theblock.co