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Harvard Asset Manageme Company (HMC), the investme arm of Harvard University’s endowme, has restructured its crypto portfolio and updated its strategy in the crypto market.
Harvard has sold about 21 perce of its stake in BlackRock Spot Bitcoin ETF (IBIT), roughly 1.5 million shares, according to the company’s most rece filing with the Securities and Exchange Commission.
At the same time, Harvard eered the Ethereum market for the first time, buying about 3.87 million shares of the BlackRock Spot Ethereum ETF (ETHA), worth approximately $86.8 million.
This move represes a strategic pivot from Bitcoin to Ethereum and could be a sign of growing investor confidence in Ethereum and related ETFs.
However, it should be noted that Bitcoin remains one of Harvard’s largest cryptocurrency holdings, with an estimated value of $265 million by the end of Q4 2025.
Collectively, these developmes show that even prestigious universities are looking to diversify their digital portfolios.
