Harvard Buys $87M in Ethereum ETF, Cuts Bitcoin Stake

ETH-0,92%
BTC-0,23%
  • The university has invested more cash in Bitcoin ETFs as compared to any other prominent stock, such as Alphabet and Microsoft.
  • When Bitcoin attained its peak, Harvard possessed around half a billion dollars in this crypto

Crypto investments are still an integral part of Harvard University, as filings reveal that the university has bought Ethereum. The Ivy League school purchased around $87 million in BlackRock’s iShares Ethereum Trust (ETHA), as per the filing with the SEC released on February 13

The buying came along with the decision by Harvard to sell 21% of its holdings of the iShares Bitcoin Trust (IBIT). The total estimation of the Bitcoin sold sat at about $72 million as per an end-of-year closing price for IBIT of $49.65 per share

The transactions, revealed in regulatory filings quoted by various news outlets, come as the crypto sector is in an extended downturn. The Bloomberg Intelligence analyst, Eric Balchunas, mentioned the sales come as a welcome bit of good news for the crypto industry

He also mentioned that it is a good sign for issuers if they can sell to Harvard, and an even better sign if Harvard does not pull back at the time of a nasty drawdown

More Investment In Crypto, Instead of Stocks

The university has invested more cash in Bitcoin ETFs as compared to any other prominent stock, such as Alphabet and Microsoft. As Harvard has more than $350 million invested in crypto ETFs, this comprises less than 1% of its $57 billion endowment

However, Harvard hasn’t officially commented on the matter. Apart from Harvard, many other universities, such as Dartmouth, Brown and Emory, have also revealed their stakes in Bitcoin and Ethereum ETFs

Recently, the prices of Bitcoin and Ethereum have slipped sharply. Bitcoin is almost 47% down from its all-time high of October 2025 and standing at its current price of around $67,000. Also, Ethereum is down by around 58% in the same period and stood at $1,975

When Bitcoin attained its peak, Harvard possessed around half a billion dollars in this crypto. Now, that number has been cut in half, as Bitcoin has slipped in value and as the university has cut its stake in the Bitcoin ETF

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