Harvard Adds Millions in ETH, Trims BTC Holdings

Harvard University’s investment arm has initiated its first publicly disclosed allocation to Ethereum-linked exchange-traded funds (ETFs), marking a notable shift in institutional crypto positioning revealed in its latest regulatory filing. According to a filing with the U.S. Securities and Exchange Commission (SEC), Harvard Management Company (HMC) purchased approximately 3.87 million shares of BlackRock’s iShares Ethereum Trust ETF (ETHA), valued at about $86.8 million. The new position brings the endowment’s combined exposure to the two leading spot crypto ETFs to roughly $352.6 million, or about 0.62% of total assets. At the same time, the firm, which oversees the university’s $56.9

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