Overview
- Harvard Management Company reported 6.8 million shares of BlackRock’s iShares Bitcoin Trust as of Sept. 30, valued at about $442.8 million.
- The position rose roughly 257% from 1.9 million shares at the end of June, placing Harvard among IBIT’s top institutional holders, according to analysts.
- IBIT accounted for about 20% of Harvard’s reported U.S.-listed public equity holdings, making it the endowment’s largest disclosed position.
- Harvard nearly doubled its SPDR Gold Trust exposure to 661,391 shares worth about $235 million, signaling a concurrent move into gold.
- Other universities, including Emory and Brown, also increased bitcoin‑linked ETF stakes as spot Bitcoin ETFs saw outflows of nearly $867 million on Thursday and about $462 million on Friday.