Harvard College’s endowment has disclosed a $443 million stake in BlackRock’s iShares Bitcoin Belief (IBIT), making the fund’s largest identified fairness place a spot bitcoin exchange-traded fund.
In response to the college’s newest 13F submitting with the U.S. Securities and Alternate Fee, the funding fund held 6.8 million shares of IBIT as of the third quarter of 2025. The place accounts for simply over 20% of its reported U.S.-listed public fairness holdings.
Institutional buyers, resembling Harvard, usually keep away from exchange-traded funds, as a substitute favoring non-public fairness, actual property, and direct investments. That makes this transfer into IBIT particularly notable.
For context, Harvard’s whole endowment exceeds $55 billion, that means the IBIT funding represents lower than 1% of whole property. Nonetheless, it ranks Harvard among the many prime 20 holders of the fund in line with Bloomberg ETF analyst Eric Balchunas.
The submitting reveals that Harvard College’s endowment is investing in bitcoin. It comes at a time when the worth of the cryptocurrency plunged greater than 5% previously week to round $96,000.
IBIT is the world’s largest spot bitcoin ETF, with practically $75 billion in web property in line with SoSoValue information.
