Derived from BitcoinWorld, Harvard University has allocated $442 million to BlackRock’s spot Bitcoin ETF (IBIT), making it the largest holding in the university’s endowment portfolio. The move marks a significant institutional endorsement of Bitcoin as a legitimate asset class and highlights growing acceptance of regulated crypto investment vehicles among conservative investors.
Harvard University Invests $442M in BlackRock's Bitcoin ETF, Largest Holding in Endowment
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