Harvard sold its entire $87 million Ethereum ETF position in the first quarter and also reduced its Bitcoin ETF holdings, according to filings with the U.S. Securities and Exchange Commission. A separate brief reports that Jane Street reallocated $82 million into Ethereum ETFs while cutting its Bitcoin ETF positions by 70%. Together, the two accounts indicate differing institutional portfolio shifts within regulated crypto exchange-traded funds rather than direct token holdings. The Harvard filing-based update came as Ethereum was described as facing broader market and ecosystem pressure in May, while the Jane Street brief did not include a filing reference, timeframe, or fund-level detail.