Changing the strategy of the academic whale; Harvard sells Bitcoin, buys Ethereum!

study time: minutes

Harvard Asset Management Company (HMC), the investment arm of Harvard University’s endowment, has restructured its crypto portfolio and updated its strategy in the crypto market.

Harvard has sold about 21 percent of its stake in BlackRock Spot Bitcoin ETF (IBIT), roughly 1.5 million shares, according to the company’s most recent filing with the Securities and Exchange Commission.

At the same time, Harvard entered 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.

1000 free bitcoin satoshi!

Register now in Erzplus and get 1000 Satoshi Bitcoin as a reward. Instant and no lottery!

Receive an award

This move represents 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 developments show that even prestigious universities are looking to diversify their digital portfolios.