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 filing with the U.S. Securities and Alternate Fee (SEC).
The stake, reported in a Type 13-F on Friday overlaying 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 enables 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 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 gives day by 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
