Harvard Endowment Adjusts Crypto Portfolio: Reduces Bitcoin (BTC) by 20%, Initiates Ethereum (ETH) Position

Harvard University's prestigious endowment fund, one of the world's largest, has made a strategic adjustment to its cryptocurrency holdings. According to recent disclosures, the fund has decreased its exposure to Bitcoin (BTC) by approximately 20%. Concurrently, it has established a new investment position in Ethereum (ETH). This portfolio rebalancing by a major institutional investor signals a nuanced approach to digital assets, potentially diversifying within the crypto sector. The move is closely watched by market participants as an indicator of sophisticated institutional strategy, highlighting ongoing evaluation of risk and reward between leading cryptocurrencies. Analysts suggest this could reflect a tactical asset allocation rather than a loss of confidence in the broader asset class.