Overview
- Harvard reported holding 6,813,612 shares of BlackRock’s iShares Bitcoin Trust valued at about $442.8 million as of Sept. 30, up from 1,906,000 shares in June.
- The IBIT position is now the endowment’s biggest U.S.-listed equity holding and represents just over 20% of its reported public‑equity portfolio.
- Harvard also nearly doubled its SPDR Gold Shares stake to 661,391 shares worth roughly $235 million.
- The IBIT allocation equals about 0.75% of Harvard’s approximately $57 billion endowment, underscoring that the signal is larger than the share of assets.
- The disclosure arrived as spot bitcoin ETFs recorded heavy outflows and price volatility, with other endowments including Emory and Brown also adding Bitcoin ETF exposure.