Harvard Endowment takes rare leap into bitcoin with $443m bet on BlackRock stake


Harvard University’s Endowment has revealed a $443 million stake in BlackRock’s iShares Bitcoin Trust (IBIT), making the fund of funds a Bitcoin exchange-traded fund.
According to the latest university 13f Filing According to the US Securities and Exchange Commission, the Investment Fund will hold 6.8 million shares of IBIT as of the third quarter of 2025. The position is worth just over 20% of the reported publicly listed US equity holdings.
Institutional investors, such as Harvard, typically avoid exchange-traded funds, instead favoring private equity, real estate, and direct investments. This makes this transition to ibit especially noticeable.
For context, Harvard’s entire endowment exceeds $55 billion, meaning iBit’s investment represents less than 1% of total assets. However, it ranks Harvard among the top 20 fund holders according to Bloomberg ETF analyst Eric Balchunas.
The filing revealed that Harvard University’s endowment is investing in Bitcoin. It came at a time when The price of cryptocurrency has fallen Up 5% last week to $96,000.
IBIT is the largest Bitcoin ETF in the world, with nearly $75 billion in net assets according to Sosovalue. Data.



