Harvard Goes Multi-Asset! 🎓 $86.8M Ethereum ETF Stake Revealed!
The smart money is diversifying! as the prestigious university’s $56.9 billion endowment makes its first major move into Ethereum! 🚀
What the latest 13F filing tells us:
• Big Bet on ETH: Harvard now holds an impressive $86.8 million stake in BlackRock’s Ethereum ETF (ETHA). This is a strong vote of confidence in Ethereum's long-term value and its role in the future of finance.
• Strategic Rebalancing: To fund this new position, Harvard trimmed their Bitcoin ETF (IBIT) holdings by 21%. Important to note: Bitcoin remains their largest crypto holding. This isn't a retreat from BTC, but a calculated pivot towards a multi-asset digital strategy.
• Institutional Adoption Accelerates: When one of the world's largest and most conservative endowments diversifies into #ETH it signals a new phase of institutional adoption for the broader altcoin market. Expect other major funds to follow suit.
This is a clear indicator that the "maximalist" debate is evolving. Are you following Harvard's lead and adding $ETH to your portfolio?
