Harvard College’s endowment has disclosed a $443 million stake in BlackRock’s iShares Bitcoin Belief (IBIT), making the fund’s largest recognized fairness place a spot bitcoin exchange-traded fund.
Based on the college’s newest 13F submitting with the U.S. Securities and Alternate Fee, the funding fund held 6.8 million shares of IBIT as of the third quarter of 2025. The place accounts for simply over 20% of its reported U.S.-listed public fairness holdings.
Institutional traders, resembling Harvard, usually keep away from exchange-traded funds, as a substitute favoring personal fairness, actual property, and direct investments. That makes this transfer into IBIT particularly notable.
For context, Harvard’s complete endowment exceeds $55 billion, which means the IBIT funding represents lower than 1% of whole property. Nonetheless, it ranks Harvard among the many high 20 holders of the fund in accordance to Bloomberg ETF analyst Eric Balchunas.
The submitting reveals that Harvard College’s endowment is investing in bitcoin. It comes at a time when the worth of the cryptocurrency plunged greater than 5% up to now week to round $96,000.
IBIT is the world’s largest spot bitcoin ETF, with almost $75 billion in web property in response to SoSoValue information.