Overview
- Harvard’s Q3 13F shows 6.81 million shares of BlackRock’s iShares Bitcoin Trust, valued at roughly $442.8–$443 million, up from 1.9 million in June.
- IBIT is now the endowment’s largest disclosed public position, outpacing major tech stakes reported in the filing.
- Harvard also nearly doubled its SPDR Gold Trust holdings to about 661,391 shares worth roughly $235 million, signaling a tilt toward hard assets.
- The stake ranks Harvard among the top institutional IBIT holders at around 16th, and Bloomberg’s Eric Balchunas called the endowment’s ETF buy a rare validation.
- The disclosure arrived during a stretch of heavy spot‑Bitcoin ETF outflows — about $867 million one day and roughly $462 million the next — as other universities, including Emory and Brown, reported increased Bitcoin ETF exposure in Q3.