Harvard University’s endowment stopped reducing its stake in BlackRock’s iShares Bitcoin Trust (IBIT) during the second quarter of 2026, ending two consecutive quarters of selling.
Harvard Management Company reported 3.04 million IBIT shares worth $101.4 million as of June 30, unchanged from the previous quarter. The endowment had previously cut its position by 21% in Q4 2025 and another 43% in Q1 2026.
Harvard now holds more exposure to gold-related ETFs than to Bitcoin. Its disclosed gold positions totaled about $171.2 million, compared with $101.4 million in IBIT. Bitcoin represented roughly 2.4% of Harvard’s $4.26 billion portfolio disclosed through 13F filings.
Abu Dhabi sovereign investors also maintained their Bitcoin exposure. Mubadala Investment Company held 14.72 million IBIT shares worth about $490.1 million, while the Abu Dhabi Investment Council retained 8.22 million shares worth $273.6 million. Together, the two entities held roughly $764 million in IBIT with no change in share count during the quarter.
Among major Wall Street institutions, JPMorgan increased its reported IBIT holdings from roughly 8.3 million shares to 10.4 million, while Morgan Stanley reduced its position by about 4.5% to 16.5 million shares.
Tudor Investment Corporation, founded by billionaire macro investor Paul Tudor Jones, increased its IBIT position by 109,446 shares to 688,529 shares worth approximately $22.9 million. The fund also reported significant put and call option positions linked to IBIT.
Dartmouth College also left its crypto ETF holdings unchanged during the quarter, maintaining exposure to Bitcoin, Ethereum and Solana-related funds.
The filings suggest that several prominent institutional investors maintained or increased Bitcoin ETF exposure despite the sharp market downturn. Bitcoin was trading near $63,000, almost 30% lower year-to-date and roughly 50% below its October 2025 record above $126,000. $BTC
Harvard Management Company reported 3.04 million IBIT shares worth $101.4 million as of June 30, unchanged from the previous quarter. The endowment had previously cut its position by 21% in Q4 2025 and another 43% in Q1 2026.
Harvard now holds more exposure to gold-related ETFs than to Bitcoin. Its disclosed gold positions totaled about $171.2 million, compared with $101.4 million in IBIT. Bitcoin represented roughly 2.4% of Harvard’s $4.26 billion portfolio disclosed through 13F filings.
Abu Dhabi sovereign investors also maintained their Bitcoin exposure. Mubadala Investment Company held 14.72 million IBIT shares worth about $490.1 million, while the Abu Dhabi Investment Council retained 8.22 million shares worth $273.6 million. Together, the two entities held roughly $764 million in IBIT with no change in share count during the quarter.
Among major Wall Street institutions, JPMorgan increased its reported IBIT holdings from roughly 8.3 million shares to 10.4 million, while Morgan Stanley reduced its position by about 4.5% to 16.5 million shares.
Tudor Investment Corporation, founded by billionaire macro investor Paul Tudor Jones, increased its IBIT position by 109,446 shares to 688,529 shares worth approximately $22.9 million. The fund also reported significant put and call option positions linked to IBIT.
Dartmouth College also left its crypto ETF holdings unchanged during the quarter, maintaining exposure to Bitcoin, Ethereum and Solana-related funds.
The filings suggest that several prominent institutional investors maintained or increased Bitcoin ETF exposure despite the sharp market downturn. Bitcoin was trading near $63,000, almost 30% lower year-to-date and roughly 50% below its October 2025 record above $126,000. $BTC