Harvard Takes a Wild $443M Bitcoin Plunge: Is This a Smart Bet or Just Rich People Playing with Crypto?

Markets

What to know:

  • Harvard University’s endowment just dropped $443 million on BlackRock’s iShares Bitcoin Trust (IBIT), making it the fund’s largest known equity position. Because why not throw money at crypto, right?
  • That’s 20% of Harvard’s U.S.-listed public equity holdings. Institutional investors typically avoid ETFs-because they prefer things like real estate and private equity (aka boring stuff)-but Harvard’s clearly feeling a little adventurous.
  • Bitcoin is having a bit of a meltdown, losing over 5% in the past week, but IBIT’s still the king of spot bitcoin ETFs with nearly $75 billion in net assets. So, you know, there’s that.

Harvard University, the place where rich people learn how to be even richer, has revealed they’re getting all in on bitcoin with a $443 million stake in BlackRock’s iShares Bitcoin Trust (IBIT). If you didn’t think Harvard was already playing the role of an ultra-wealthy crypto enthusiast, now you know. The best part? This makes it the largest known equity position for IBIT. Because who wouldn’t trust the people who gave us Zuckerberg with their crypto picks?

In the latest 13F filing with the SEC, Harvard’s fund announced it was holding 6.8 million shares of IBIT as of Q3 2025. This represents just over 20% of their total U.S.-listed public equity holdings. Sure, Harvard’s total endowment is over $55 billion, so this is a mere drop in the ocean (less than 1% of their total assets). But let’s be real-it’s still a HUGE amount of money, and they are now officially among the top 20 holders of the fund, according to ETF analyst Eric Balchunas. Go big or go home, am I right?

Now, about that timing… Harvard chose to invest in bitcoin right after the cryptocurrency had a tiny tantrum, dropping more than 5% in the past week. But who cares about a little dip when you’re Harvard? Let’s see how this plays out, but hey, if it doesn’t work out, at least they’ll have their big-endowment problems to fall back on.

IBIT is currently the world’s largest spot bitcoin ETF, with a mind-boggling $75 billion in net assets, according to SoSoValue data. But don’t worry-Harvard knows best. They’ve clearly figured out that crypto is the future. Or maybe it’s just a gamble. Who can say?

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2025-11-16 00:42