The source states that Harvard sold an exchange-traded fund tied to Ethereum, while a sovereign wealth fund in Abu Dhabi, United Arab Emirates continued increasing positions linked to Bitcoin.
The source says two institutional allocation moves occurred in the crypto investment market: Harvard sold an Ethereum-focused ETF position, and an Abu Dhabi sovereign fund kept building exposure to Bitcoin-related holdings. These developments point to differing portfolio decisions among large institutions using ETFs to access digital assets without directly holding tokens. In crypto markets, ETF activity is closely watched because it can reflect changing risk preferences, asset selection, and institutional demand.