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Harvard endowment invests $116M into BlackRock Bitcoin ETF
Harvard Management Company, the entity responsible for managing the universityโs $53-billion endowment fund, has reported a multimillion-dollar investment in BlackRockโs Bitcoin exchange-traded fund (ETF).
In a Friday filing with the US Securities and Exchange Commission (SEC), Harvardย disclosedย holding about 1.9 million shares of the iShares Bitcoinย
BTC
$116,732
ย ETF as of June 30. The BTC exposure was valued at more than $116 million, making it the fundโs fifth-largest investment for the period after Microsoft, Amazon, travel technology company Booking Holdings, and Meta.ย
Harvard reported its endowment fund was $53.2 billion as of June 30, 2024, making it the largest among US universities, ahead of Yale, Stanford and Princeton.ย
โThe endowment and its asset allocation is [sic] set up to anticipate youโre gonna have some volatile periods,โย saidย Robert Kaplan, Martin Marshall professor of management practice in business administration, in a 2017 video explaining the endowment.ย
#harvard #btc #BTC่ตฐๅฟๅๆ #BTC
Harvard Management Company, the entity responsible for managing the universityโs $53-billion endowment fund, has reported a multimillion-dollar investment in BlackRockโs Bitcoin exchange-traded fund (ETF).
In a Friday filing with the US Securities and Exchange Commission (SEC), Harvardย disclosedย holding about 1.9 million shares of the iShares Bitcoinย
BTC
$116,732
ย ETF as of June 30. The BTC exposure was valued at more than $116 million, making it the fundโs fifth-largest investment for the period after Microsoft, Amazon, travel technology company Booking Holdings, and Meta.ย
Harvard reported its endowment fund was $53.2 billion as of June 30, 2024, making it the largest among US universities, ahead of Yale, Stanford and Princeton.ย
โThe endowment and its asset allocation is [sic] set up to anticipate youโre gonna have some volatile periods,โย saidย Robert Kaplan, Martin Marshall professor of management practice in business administration, in a 2017 video explaining the endowment.ย
#harvard #btc #BTC่ตฐๅฟๅๆ #BTC
China Producer Prices Extend 34-Month Deflation Streak
$Chinaโs producer prices fell 3.6% year-on-year in July 2025, matching Juneโs pace and exceeding market expectations for a 3.3% decline.
This marked the 34th consecutive month of producer deflation, remaining at the sharpest drop since July 2023, amid persistently shaky domestic demand and a fragile trade truce with the U.S.
Production material costs continued to slide (-4.3% vs -4.4% in June), with deeper contractions in mining (-14.0% vs -13.2%), raw materials (-5.4% vs -5.5%), and processing (-3.1% vs -3.2%).
Simultaneously, consumer goods prices remained weak (-1.6% vs - 1.4%), weighed down by food (-1.8% vs -2.0%), clothing (-0.1% vs 0.1%), and durable goods (-3.5% vs -2.7%) while prices of daily-use goods rose more slowly (0.6% vs 0.8%).
In the first seven months of 2025, factory-gate prices shrank 2.9%.
Month-on-month, the PPI declined 0.2%, slowing from a 0.4% fall in the preceding four months and marking the softest pace in five months.
#ChinaCrackdown #producer #ChinaEconomy #ChinaJoy
$Chinaโs producer prices fell 3.6% year-on-year in July 2025, matching Juneโs pace and exceeding market expectations for a 3.3% decline.
This marked the 34th consecutive month of producer deflation, remaining at the sharpest drop since July 2023, amid persistently shaky domestic demand and a fragile trade truce with the U.S.
Production material costs continued to slide (-4.3% vs -4.4% in June), with deeper contractions in mining (-14.0% vs -13.2%), raw materials (-5.4% vs -5.5%), and processing (-3.1% vs -3.2%).
Simultaneously, consumer goods prices remained weak (-1.6% vs - 1.4%), weighed down by food (-1.8% vs -2.0%), clothing (-0.1% vs 0.1%), and durable goods (-3.5% vs -2.7%) while prices of daily-use goods rose more slowly (0.6% vs 0.8%).
In the first seven months of 2025, factory-gate prices shrank 2.9%.
Month-on-month, the PPI declined 0.2%, slowing from a 0.4% fall in the preceding four months and marking the softest pace in five months.
#ChinaCrackdown #producer #ChinaEconomy #ChinaJoy
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