Harvard Holds Steady on Bitcoin ETF Stake

Harvard University's investment arm reduced its exposure to a bitcoin exchange-traded fund (ETF) by 43% in the first quarter of this year, but did not make any further adjustments in Q2. The university's investment in IBIT shares remained steady at 25.6 million as of June 30, according to a report from The Block. This decision stands in contrast to other major institutional investors who have recently shown increased interest in the cryptocurrency market.