Harvard Endowment Makes Major Bitcoin Move With $443 Million Investment in BlackRock's IBIT ETF

Harvard University's prestigious endowment fund has made a significant cryptocurrency investment by allocating $443 million to BlackRock's spot Bitcoin ETF (IBIT). This substantial move represents one of the largest institutional Bitcoin investments from an academic endowment and signals growing mainstream acceptance of digital assets among traditional financial institutions. The investment through BlackRock's IBIT ETF demonstrates Harvard's confidence in Bitcoin's long-term value proposition and marks a notable shift in endowment strategy toward cryptocurrency exposure.