Harvard Keeps Steady on BlackRock Bitcoin Trust Amid Market Volatility

Harvard Management Company maintained its position in the BlackRock Bitcoin ETF through the second quarter of this year, keeping 3.04 million shares worth around $101.4 million as of June 30.

This marked a change from the two consecutive reductions Harvard had made to its stake in the ETF over the past few quarters.

The university's investment manager also reported a larger disclosed allocation to gold-related products, with combined gold ETF exposure reaching approximately $171.2 million.

Other institutional investors, such as Mubadala and the Abu Dhabi Investment Council, also maintained their positions in the BlackRock Bitcoin Trust during this period.