Home CryptocurrencyHarvard Endowment Blackrock Bitcoin invests $ 116m in ETF

Harvard Endowment Blackrock Bitcoin invests $ 116m in ETF

by Hammad khalil
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A multimilian-dollar investment has been reported in the Blacrock’s Bitcoin Exchange-Free (ETF), a unit responsible for management of the Harvard Management Company, the university’s $ 53 billion endowment funds.

In a fierce filing with the US Securities and Exchange Commission (SEC), Harvard on June 30 made the biggest investment of funds of funds for the fund of funds for the period of Ishras Bitcoin (BTC) ETF, Microsoft, Amazon, Travel Technology Company Booking Company Booking Holding and Meta.

Harvard reported that by June 30, 2024 its endowment fund was $ 53.2 billion, the largest among American universities beyond Yale, Stanford and Princeton.

“Endowment and its asset allocation (SIC), Martin Martial Professor of Management at Business Administration, explaining the endovment in a video of 2017, is the endowment and its asset allocation (SIC), which you have established to estimate some unstable periods.”

https://www.youtube.com/watch?v=alc2u0ynfca

Thought that Endowment appeared to focus on the investment of the company company mainly in 2025, Harvard reported to buy shares in Crypto Fund in early 2018. In 2024, the US endowers, important to report Digital Asset ETFs, purchasing 2.7 million shares of Grassscale Bitcoin Mini Trust, at that time worth more than $ 15 million.

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