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🚨13F Update: Ivy Leagues All-In on BTC
Harvard University reported holding $116.6M as of 6/30 through Blackrock's BTC ETF. This is a NEW position and makes it their fifth largest holding after Microsoft, Amazon, Booking Holdings, and Meta.
Additionally, Brown University reported DOUBLING their BTC ETF position QoQ as of 6/30, now valued at over $13M.
The combined endowments of these two universities exceeds $60B, and could result in significant more inflows as they ramp up their crypto allocations. Moreover, as leading institutions, their adoption of crypto provides strong signaling for other endowments to follow.
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