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Harvard Administration Firm, which oversees the college’s $50 billion endowment, disclosed a $116 million place in BlackRock’s iShares Bitcoin Belief (IBIT) in its newest quarterly submitting with the U.S. Securities and Trade Fee (SEC).
The stake, reported in a Kind 13-F on Friday protecting holdings as of June 30, 2025, represents one of many largest recognized bitcoin allocations by a U.S. college endowment. IBIT, launched in January of final 12 months, is a spot bitcoin exchange-traded fund that permits buyers to achieve publicity to the cryptocurrency with out immediately holding it.
The place locations the college amongst a rising cohort of institutional buyers — from hedge funds to pension programs — including regulated bitcoin merchandise to their portfolios.
The disclosure comes as complete belongings throughout U.S. spot bitcoin ETFs have climbed into the tens of billions of {dollars}, pushed by each retail inflows and large-scale institutional allocations. For endowments, the ETF construction affords every day liquidity and SEC oversight, which may help meet governance and compliance necessities for different investments.
Harvard did not present additional touch upon the submitting.
Learn extra: U.S. Endowments Are Leaning Into Crypto: FT
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