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Harvard dumps ether ETF as Abu Dhabi sovereign fund keeps adding to bitcoin positions

The Block
Institutional filings reveal Harvard reduced its crypto holdings while Abu Dhabi's Mubadala increased its investment in BlackRock's Bitcoin ETF.

Summary

First-quarter 13F filings show divergent crypto strategies among major institutional investors. Harvard University significantly reduced its holdings in the iShares Bitcoin Trust (IBIT) by 43% and completely exited its position in BlackRock’s spot Ethereum ETF. Conversely, Abu Dhabi’s sovereign wealth fund, Mubadala, expanded its IBIT stake to nearly $660 million. Other institutions like Dartmouth College diversified into Solana, while firms including Barclays and the Royal Bank of Canada adjusted their exposure through a mix of spot holdings and hedging strategies.

(Source:The Block)