Harvard Endowment goes big on ETH - What you should know
Latest SEC filings reveal:
🔹 New Position: $86.8M in Ethereum ETF (ETHA)
🔹 BTC Trim: Sold 1.48M shares of IBIT (-21%)
🔹 Total Exposure: Over $352M in crypto ETFs
Even after selling some, Bitcoin remains Harvard's #1 largest public equity holding.
Most analysts agree this wasn't Harvard "dumping" Bitcoin. Since BTC hit all-time highs over $120k in October, they likely sold to lock in profits and diversified that "house money" into Ethereum while it was in a drawdown. #HarvardAddsETHExposure