According to the latest 13F filing cited by Fortune, Harvard Management cut its iShares Bitcoin Trust stake by 43% to about $117 million in Q1 2026 and sold its iShares Ethereum Trust position, reducing publicly visible crypto exposure.
Harvard Management, which oversees about $57 billion, reduced its publicly disclosed crypto exposure in the first quarter of 2026, according to Fortune and the latest 13F filing with the U.S. Securities and Exchange Commission. The filing shows the firm cut its holding in BlackRock’s spot Bitcoin ETF, iShares Bitcoin Trust, by 43%, leaving a position worth about $117 million, and fully exited its stake in BlackRock’s spot Ethereum ETF, iShares Ethereum Trust, previously valued at about $86.8 million. This helps explain the earlier reported drop in Harvard’s public crypto holdings from a peak of $443 million to about $117 million over two quarters. The older report said the university may have lost $150 million on crypto assets, but that figure was presented as an estimate rather than a confirmed final result.