
Harvard’s IBIT stake surged by 257% in Q3 2024, reinforcing institutional confidence in crypto and potentially accelerating mainstream digital asset adoption.
Harvard University increased its holdings in BlackRock’s iShares Bitcoin Trust to $442.8 million as of September 30, 2024, a 257% rise from June 2024. This substantial expansion underscores growing institutional trust in cryptocurrencies. The data, from Harvard’s latest SEC 13F filing, also shows significant growth in gold ETF holdings, reinforcing a broader diversification strategy toward alternative assets.