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 crypto tech quarterly filing with the U.S. Securities and Trade Fee (SEC).
The stake, reported in a Kind 13-F on Friday overlaying holdings as of June 30, 2025, represents one of many largest identified bitcoin allocations by a U.S. college endowment. IBIT, launched in January of final yr, is a spot bitcoin exchange-traded fund that permits traders to achieve publicity to the cryptocurrency with out instantly holding it.
The place locations the college amongst a rising cohort of institutional traders — from hedge funds to pension methods — including regulated bitcoin merchandise to their portfolios.
The disclosure comes as whole property 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 each day liquidity and SEC oversight, which might help meet governance and compliance necessities for various investments.
Harvard did not present additional touch upon the submitting.
Learn extra: U.S. Endowments Are Leaning Into Crypto: FT