ChainCatcher reports that according to a recent filing by Harvard Management Company, the fund management arm of Harvard University, it reduced its Bitcoin ETF holdings by approximately 21% in Q4 2025 and simultaneously established its first Ethereum ETF position, with a combined exposure to the two major cryptocurrencies totaling approximately $352.6 million.
As of December 31, 2025, Harvard held about 5.35 million shares of the BlackRock IBIT, valued at $265.8 million, down about 1.48 million shares from 6.81 million shares in the previous quarter. At the same time, it established a new position in the iShares Ethereum Trust, holding about 3.87 million shares valued at approximately $86.8 million, marking the fund’s first public disclosure of an Ethereum-related investment. Despite the reduction, Bitcoin remains Harvard’s largest publicly disclosed equity holding, surpassing its holdings in Alphabet, Microsoft, and Amazon.