The university liquidated its Ethereum holdings amid a 50% price decline and leadership turmoil at the Ethereum Foundation.
Harvard University’s endowment sold its entire ETH position in Q1 2026, according to regulatory filings. The move follows a sharp 50% drop in Ethereum’s price from its August 2025 peak near $5,000 and ongoing departures at the Ethereum Foundation.
The Ethereum Foundation has seen eight high-profile exits in 2026, including researchers Julian Ma, Carl Beek, and former project manager Josh Stark. Leadership changes and a March 2025 mandate emphasizing decentralization and censorship resistance drew mixed reactions from the crypto community.
ETH’s decline and internal shifts at the Foundation may have influenced Harvard’s decision, though the endowment has not commented on the sale.