🚨 Harvard Drops Ethereum Bet — Sovereign Funds Double Down on Bitcoin ETFs
Institutional crypto positioning is shifting fast as new 13F filings reveal major changes in ETF exposure. While some universities reduced risk, sovereign wealth funds continued to aggressively accumulate Bitcoin ETFs like BlackRock’s IBIT.
🔹 Key Highlights:
• Harvard cut IBIT holdings by ~43% and fully exited its Ethereum ETF position (~$86M)
• Abu Dhabi sovereign funds increased IBIT exposure, now holding over $975M combined in Bitcoin ETFs
• Other universities showed mixed strategies — some held steady, while others rotated BTC exposure into different crypto ETFs
📊 Expert Insight:
This shows a clear trend: ETH exposure is being reduced by some institutions, while BTC ETFs remain the preferred long-term institutional entry point. Sovereign funds continuing to accumulate suggests strong confidence in Bitcoin’s role as a macro asset.
#Bitcoin #Ethereum #CryptoNews #etf #BinanceSquare $BTC $ETH
