📌 Harvard Cuts Bitcoin, Bets $87M on Ethereum

Harvard Management Company scaled back its Bitcoin ETF holdings by 21% in Q4 2025 while initiating its first investment in an Ethereum focused fund, with combined crypto ETF exposure reaching $352.6 million as of December 31.

Harvard likely made a relative value trade believing ETH is undervalued relative to BTC, while also possibly having a limit on initial exposure it can maintain in digital assets.

Bitcoin remains Harvard's largest single disclosed equity position bigger than Alphabet, Amazon, and Microsoft combined.

#BTC #ETH #etf #amazon #Microsoft $ETH

ETH

1,821.56

-3.14%

$BTC $

BTC

64,029.23

-2.10%

BNB

594

+0.19%