Harvard Triples Its Bitcoin Investment With a $443M Position in BlackRock’s ETF
Harvard University now holds $443M in BlackRock’s Bitcoin ETF, according to recent SEC filings showing a major increase in its Bitcoin position.
Harvard University increased its Bitcoin exposure in the third quarter by expanding its holdings in BlackRock’s iShares Bitcoin Trust, according to its latest SEC filing.
Harvard Management Company reported ownership of 6.8 million shares of the fund as of September 30. Three months earlier, the endowment held 1.9 million shares. Based on quarter-end pricing, the updated position came in at roughly $442.8 million.
Harvard’s endowment stands at $56.9 billion, so the allocation remains modest in percentage terms. However, it reflects a clear shift in how one of the largest academic investment funds in the world is positioning itself toward Bitcoin-related financial products.
Other universities recorded similar adjustments. Brown University disclosed a position in the same BlackRock vehicle, and Emory University increased its Bitcoin-linked holdings as well.
Emory’s filing listed 1 million shares in the Grayscale Bitcoin Mini Trust, valued at about $52 million, close to double its previous quarter volume. The university also reported 4,450 shares in the iShares Bitcoin Trust worth around $289,000, indicating that it is building exposure across multiple Bitcoin-focused products rather than relying on a single fund.
These updates landed during a week of significant redemptions across spot Bitcoin ETFs. U.S.-listed funds saw combined outflows of approximately $867 million on Thursday and an additional $462 million on Friday.
Bitcoin prices also came under pressure, falling from roughly $107,000 at the start of the week to below $95,000 by Friday.
Even with the market decline and ETF withdrawals, the quarterly disclosures from major U.S. universities indicate that these institutions increased their Bitcoin-related holdings before the volatility, reinforcing that their allocations are being driven by longer-term planning rather than short-term price moves.
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