Harvard Offloads Entire $87M ETH Position

Harvard Management Company has sold its entire $87 million investment in the BlackRock iShares Ethereum Trust, as revealed in its Q1 2026 SEC filing. This exit follows a period of significant volatility for Ether, which has declined over 50% from its 2025 all-time high. Additionally, the university endowment reduced its Bitcoin holdings, offloading 2.3 million shares of BlackRock’s iShares Bitcoin Trust, though it maintains a remaining stake valued at approximately $117 million. These divestments coincide with organizational instability at the Ethereum Foundation, which has seen eight high-profile personnel departures in 2026 and faces ongoing criticism regarding its strategic focus and market competitiveness.

(Source：Cointelegraph)