Harvard University first established an Ethereum ETF position in Q4 2025 and reduced its Bitcoin ETF holdings by approximately 21%.

PANews reported on February 16th that, according to The Block, Harvard Management Company, the fund manager of Harvard University, recently disclosed that it reduced its Bitcoin ETF holdings by approximately 21% in the fourth quarter of 2025, while simultaneously establishing its first Ethereum ETF position, bringing its total exposure to the two major crypto assets to approximately $352.6 million. As of December 31, 2025, Harvard held approximately 5.35 million shares of BlackRock's IBIT, valued at $265.8 million, a decrease of approximately 1.48 million shares from the previous quarter's 6.81 million shares. At the same time, it established a new position in the iShares Ethereum Trust, holding approximately 3.87 million shares, valued at approximately $86.8 million, marking the fund's first publicly disclosed allocation to Ethereum-related products. Despite the reduction, Bitcoin remains Harvard's largest publicly disclosed equity holding, exceeding its holdings in Alphabet, Microsoft, and Amazon.