Harvard Reduces Bitcoin ETF Stake by 21% While Investing $87M in Ethereum

Harvard University has decreased its Bitcoin ETF investments by 21% and made a substantial $87 million investment in Ethereum ETF.

In the fourth quarter, Harvard University has made significant adjustments to its cryptocurrency portfolio. The prestigious institution has cut its holdings in a Bitcoin exchange-traded fund (ETF) by 21%.

Simultaneously, Harvard has taken a bold step by establishing a new position in an Ethereum ETF worth an impressive $86.8 million. This move indicates the university's strategic shift toward Ethereum, reflecting the growing interest in the cryptocurrency space.