Harvard Dives Deep into Crypto: Reveals $116M Bet on BlackRock’s Bitcoin ETF
Ivy League money meets digital gold—Harvard just flashed its crypto cards.
The university's endowment dropped $116 million into BlackRock's iShares Bitcoin ETF, according to fresh SEC filings. That’s not pocket change, even for a $50 billion fund.
Why it matters: When old-money institutions start stacking sats, the ‘fad’ narrative crumbles.
The move signals growing institutional FOMO—BlackRock’s ETF has been vacuuming up assets since launch, and now even ivory towers want exposure. No more hiding behind ‘academic interest.’
Bonus jab: Guess those MBA case studies on ‘disruptive innovation’ finally got a live demo.