Harvard pours $117m into Bitcoin ETF, topping its stakes in Google and Nvidia

Markets 2025-08-29 15:19

Harvard pours $117m into Bitcoin ETF, topping its stakes in Google and Nvidia

Bitcoin is back in school early this year.

Harvard University’s endowment has disclosed a $116.7 million position in BlackRock’s iShares Bitcoin Trust, giving it more exposure to the top-ranked cryptocurrency than its stakes in Nvidia and Google’s parent company Alphabet.

The 1.9 million IBIT shares were purchased in the second quarter, according to a Friday filing with the US Securities and Exchange Commission.

Spot Bitcoin funds have attracted more than $54 billion in net inflows since their US approval in early 2024, with IBIT leading the pack and becoming one of the fastest-growing ETFs in history.

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