Harvard University Reduced Its Bitcoin Holdings and Sold Its Entire Ethereum Position

Harvard University’s foundation fund’s first-quarter 2026 SEC 13F filings revealed significant changes to the institution’s crypto asset positions. According to the filings, Harvard reduced its holdings in BlackRock’s spot Bitcoin ETF, IBIT, by approximately 43%, down to 3,044,612 shares. This position is currently valued at approximately $117 million.

This move follows Harvard’s decision to reduce its IBIT position by approximately 21% in the final quarter of 2025. This marks the second consecutive quarter of a reduction in the university’s Bitcoin ETF exposure.

On the other hand, Harvard completely closed its approximately $86.8 million position in BlackRock’s spot Ethereum ETF. This indicates that the institution has fully exited its Ethereum ETF investment.

While a cautious approach is evident from Harvard, institutional demand from the Middle East continues to grow. Abu Dhabi’s sovereign wealth fund, Mubadala, increased its IBIT position to 14,721,917 shares. This investment is valued at approximately $566 million. Mubadala’s IBIT holdings at the end of 2025 were at 12,702,323 shares.

*This is not investment advice.