Harvard Endowment Takes Rare Leap Into Bitcoin With $443M Bet on BlackRock’s IBIT
Harvard University’s endowment has disclosed a $443 million stake in BlackRock’s iShares Bitcoin Trust (IBIT), making the fund’s largest known equity position a spot bitcoin exchange-traded fund. According to the university’s latest 13F filing with the U.S. Securities and Exchange Commission, the investment fund held 6.8 million shares of IBIT as of the third quarter…