Harvard University’s endowment has disclosed a $443 million stake in BlackRock’s iShares Bitcoin Trust (IBIT), marking the fund’s largest known equity position as a spot Bitcoin exchange-traded fund (ETF).
According to the university’s latest 13F filing with the U.S. Securities and Exchange Commission, Harvard’s investment fund held 6.8 million shares of IBIT as of the third quarter of 2025. This position accounts for just over 20% of its reported U.S.-listed public equity holdings.
Institutional investors like Harvard typically avoid exchange-traded funds, favoring private equity, real estate, and direct investments instead. This shift into IBIT is therefore especially notable.
For context, Harvard’s entire endowment exceeds $55 billion, meaning the IBIT investment represents less than 1% of its total assets. Still, this stake ranks Harvard among the top 20 holders of the fund, according to Bloomberg ETF analyst Eric Balchunas.
The filing reveals that Harvard University’s endowment is now investing in Bitcoin at a time when the cryptocurrency’s price recently plunged more than 5% in the past week, hovering around $96,000.
IBIT is the world’s largest spot Bitcoin ETF, with nearly $75 billion in net assets, according to SoSoValue data. This significant investment highlights growing institutional interest in Bitcoin and digital assets.
https://bitcoinethereumnews.com/bitcoin/harvard-endowment-takes-rare-leap-into-bitcoin-with-443m-bet-on-blackrocks-ibit/