Harvard Reports $116M Stake in BlackRock’s iShares Bitcoin ETF in Latest Filing

Harvard's endowment fund has invested $116 million in BlackRock's Bitcoin exchange-traded fund (ETF) through about 1.9 million shares. This investment represents a significant stake in the fund, valued at over $116 million as of June 30, 2024. Harvard's endowment, worth $53.2 billion, is the largest among US universities. This move follows the SEC's approval of the BlackRock BTC ETF in January 2024, which has grown to over $86 billion in net assets.