Harvard’s Bitcoin Blues: From BTC to ETH in a Million-Dollar Shuffle!

Ah, Harvard! The venerable institution where the air is thick with ambition and the corridors whisper secrets of wealth. It seems that our dear Ivy League establishment has decided to don a new cloak-one woven from Ethereum rather than Bitcoin.

In a move reminiscent of a grand theatrical performance, the Harvard endowment has pranced into the world of Ethereum (ETH), investing a staggering $86.8 million in BlackRock’s iShares Ethereum Trust ETF. This financial escapade took place in the fourth quarter of 2025, as revealed by documents filed with the U.S. Securities and Exchange Commission-an august body that surely chuckles at such follies.

But wait! What of Bitcoin, the once-favored darling of investment? The Harvard Management Company, in a rather dramatic twist akin to a tragic hero’s fall, has trimmed its Bitcoin (BTC) ETF holdings from a robust 6,813,612 shares in Q3 to a mere 5,353,612 by Q4. As of December 31st, those dwindling shares were valued at $265.8 million, a sum that would make even Scrooge McDuck raise an eyebrow.

Initially, the endowment had proudly announced a $126.04 million BTC ETF investment back in August, which ballooned to a dazzling $443 million by the third quarter. Alas, how the mighty have fallen! As the crypto market continues its slow waltz into oblivion-Bitcoin now languishing at $67,936, down over 2% in the last week and a staggering 29% in the last month-one can only imagine the melancholic strains of a dirge playing in the background.

Poor Ethereum has not fared much better, suffering an even more grievous fate, down 4% in the past week and a heart-wrenching 40% over the past 30 days, trading now at a meager $1,978. It seems that the crypto kingdom is in disarray, much like a court without a king.

And let us not forget the other players in this grand drama-Brown and Emory universities have also dipped their toes into the turbulent waters of crypto ETFs, while Dartmouth has proclaimed investments of over $10 million in the iShares Bitcoin Trust ETF and nearly $5 million in Grayscale’s Ethereum Mini Trust ETF. A veritable frenzy of fiscal folly, one might say!

“Weakness in technology,” they mutter, as if that could explain this intricate dance of dollars.

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2026-02-17 13:42