Harvard University is the 29th IBIT holder out of 1,300 investors.
Brown University reported 212,500 IBIT shares as of June 30th, exceeding $13 million.
BlackRock’s IBIT fund by Ivy League Universities helped it grow to a net worth of over $86 billion.
The mainstream adoption of BlackRock’s Ishares Bitcoin Trust (IBIT) has resulted in the growth of Ivy League Universities, led by Harvard and Brown in the US. Harvard doubled its IBIT holdings in the second quarter, bringing to approximately 1,906,000 shares of IBIT as of June 30, valued at $116.6 million, according to a filing with the U.S. Securities and Exchange Commission (SEC).
As a result, Harvard University through Harvard Management Company is the 29th owner of IBIT stock out of a total of 1,300 investors. Meanwhile, Brown University reported a net holding of 212,500 shares in IBIT, worth around $13 million as of June 30.
Surprisingly, Brown University has increased its IBIT shares from 105,000 shares reported on March 31, 2025. According to Eric Balchunas, EFT analyst at Bloomberg, IBIT donations from IVY League College have contributed significantly to its growth.
BlackRock’s IBIT leads the growing spot Bitcoin ETF
BlackRock’s IBIT has grown to a managed net worth of over $86 billion. Since its establishment, IBIT has recorded a cumulative cash flow of approximately $57.4 billion, surpassing gold ETFs in annual growth.
The wider spot BTC ETF also records significant cash inflows led by Fidelity’s FBTC and ARKB. Earlier this week, the Michigan State Pension Fund, which owned 300,000 shares of the ARK Bitcoin ETF as of June 30, reported that it was worth $10.7 million.
Market impact
Increased demand for Bitcoin by Spot BTC ETF issuers has resulted in increased existing supply and demand shocks. Furthermore, Strategy Inc. has led dozens of companies to implement the Bitcoin Treasury, with Bitcoin Treasu market data showing that over 3.6 million BTC is held for this purpose.
As a result, BTC prices are as good as exponentially to gather as they did in the summer of 2017. Additionally, BTC is already in the price discovery stage at parabola gatherings on the horizon
