Harvard cuts bitcoin exposure by 20%, adds new ether position
The shift may be due to complex market dynamics, potentially reflecting the unwinding of a trade that capitalized on bitcoin treasury companies trading at premiums to their mNAV.
Harvard University made its first investment in ether, purchasing nearly 3.9 million shares of the iShares Ethereum Trust (ETHA) while reducing its stake in the iShares Bitcoin Trust (IBIT).
ETH
1,990.25
+1.06%
BTCUSDT
Διην.
68,569
+1.23%
Jager
Alpha
0.0₉28009
+5.85%