Harvard Management Company, which oversees the university’s $50 billion contribution, has disclosed its $116 million position at iShares Bitcoin Trust (IBIT) in its latest quarterly filing with the Securities and Exchange Commission (SEC).
The shares, reported on Friday at 13-F, covering Holdings as of June 30, 2025, represent one of the largest known Bitcoin allocations by the US University Fund. Launched last January, IBIT is a Bitcoin Exchange Trading Fund that allows investors to be exposed to cryptocurrency without directly holding it.
This position adds regulated Bitcoin products to your portfolio to one of the growing cohort of institutional investors, from hedge funds to pension plans.
This disclosure comes as spot Bitcoin ETFs have emerged, driven by both retail inflows and large institutional allocations, with Bitcoin ETFs rising to hundreds of billions of dollars. For donations, the ETF structure provides daily liquidity and SEC monitoring. This helps meet the governance and compliance requirements of alternative investments.
Harvard did not provide further comment on the filing.
Read more: US donations are asked by the code: FT