Harvard University Significantly Boosts Investment in BlackRock's Bitcoin ETF (IBIT)

Harvard University's endowment, managed by the Harvard Management Company, increased its investment in the iShares Bitcoin Trust ETF (IBIT) by over 250% during the third quarter.

According to a regulatory filing on Friday:

• As of September 30, Harvard held over 6.8 million shares of IBIT, valued at $442.8 million.
• This represents a significant jump from its initial disclosure in August, when it held about 1.9 million shares worth $116.6 million.

This aggressive move made IBIT Harvard's largest investment increase in Q3 and positioned the university as the 16th-largest holder of the ETF.

Bloomberg ETF analyst Eric Balchunas noted that an endowment buying an ETF is "super rare" and difficult to achieve, calling it "as good a validation as an ETF can get" for the fund. However, he pointed out that the investment still only represents about 1% of the total $57 billion endowment fund.

Other Portfolio Changes

In addition to the substantial crypto commitment, Harvard also:

• Nearly doubled its exposure to gold through the SPDR Gold Shares (GLD) ETF, with its holding now valued at $235.1 million.
• Maintained large positions in major US technology companies (Amazon, Meta, Microsoft, and Alphabet).
• Purchased new positions in the buy-now, pay-later company Klarna ($16.8 million) and Taiwan Semiconductor Manufacturing Company ($59.1 million).

The filing comes as Bitcoin ETFs experienced net outflows of $1.11 billion in the trading week ending Friday, amid a dip in the price of Bitcoin below the $100,000 mark.

November 2025, Cryptoniteuae