Harvard Endowment Reduces IBIT Stake

Harvard cuts IBIT position by 43% to $117 million Harvard's endowment reduced its IBIT stake by 43% to 3,044,612 shares, worth roughly $117 million. The endowment had already reduced the stake by 21% in Q4. It also exited its $86.8 million position in BlackRock's

Harvard cuts IBIT position by 43% to $117 million

Harvard’s endowment reduced its IBIT stake by 43% to 3,044,612 shares, worth roughly $117 million.

The endowment had already reduced the stake by 21% in Q4.

It also exited its $86.8 million position in BlackRock’s spot Ethereum ETF.

Mubadala increased its IBIT holdings to 14,721,917 shares, worth about $566 million.

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