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Harvard University Discloses $116 Million Investment in BlackRock Bitcoin ETF
Harvard University, a renowned academic institution, has recently made a disclosure related to crypto with the acquisition of a staggering $116M stake in the popular platform BlackRock’s Bitcoin ETF ($IBIT). As per Lookonchain, the strategic acquisition indicates the growing interest of the Harvard University in the digital assets, parallel to conventional investments. The on-chain analytics platform has revealed on X that the main purpose of the investment is to bring diversification to the portfolio of the university. In addition to this, the respective investment also suggests the rising institutional Bitcoin ... (full story)