Harvard’s SEC filing reveals its $116M Bitcoin ETF stake, marking its fifth-largest holding, while the fund’s over $86B in net assets and expanded options limits highlight growing institutional appetite for crypto exposure.
Harvard Management Company disclosed a $116M position in BlackRock’s iShares Bitcoin ETF, holding about 1.9 million shares as of June 30, making it the endowment’s fifth-largest asset. The ETF now holds over $86B in net assets, and the SEC's recent expansion of options contracts is expected to spur further demand. Additionally, institutional investors from Michigan and Wisconsin have also increased their crypto-linked exposures.