Headline: Harvard’s endowment now holds more in Bitcoin ETFs than in Google — a sign institutional crypto adoption is intensifying Harvard University’s endowment has quietly shifted more public capital into Bitcoin ETFs than into shares of Alphabet (Google), marking a notable rotation of long‑term institutional money into digital assets. What happened - A February 10 post by Bitcoin Magazine on X highlighted regulatory filings showing Harvard built roughly a $116.7 million position in BlackRock’s iShares Bitcoin Trust (IBIT) in 2025. - Later disclosures and estimates indicate Harvard increased that stake further — possibly into the hundreds of millions — making the Bitcoin ETF one of its largest listed public holdings and larger than its Alphabet position. Who else is onboard - Harvard isn’t alone. Brown and Emory universities have disclosed sizable positions in Bitcoin ETFs and trusts — running into the tens of millions across IBIT and Grayscale’s Bitcoin trust — and reports say several other prominent U.S. university endowments have also invested in crypto. Market context - The move comes as digital assets are again trading as a proxy for global risk appetite. Bitcoin is trading near $68,400 after volatile swings that dipped below $70,000 twice in 24 hours, off roughly 50% from a 2025 peak near $126,000. - Ethereum is around $4,760 (up ~2.5% over 24 hours) and Solana trades near $208 (up ~5%), with elevated volumes. Reaction and implications - Crypto industry voices framed the shift as a fundamental re‑allocation of risk: “Most people think Bitcoin is the gamble, but Harvard’s math clearly suggests that not owning enough of it is the bigger risk to their long‑term portfolio,” wrote SIG Labs. Another commentator summed it up: “Bitcoin is moving from theory to balance sheets.” - Traders and analysts see Harvard’s swap of tech exposure for BTC ETFs as evidence that institutional adoption is reaching a new stage — and that crypto allocations are becoming a meaningful part of elite endowment portfolios. Why it matters - Large, long‑horizon investors like university endowments can influence market perceptions and capital flows. Harvard’s pivot to Bitcoin ETFs — overtaking one of tech’s flagship holdings — may signal growing comfort with crypto as a strategic portfolio allocation rather than a speculative sidelined bet. Read more AI-generated news on: undefined/news