🏛️ Harvard’s endowment has reportedly reduced its exposure to spot Bitcoin ETFs, signaling a more cautious institutional stance toward crypto.
📉 Filings show the fund cut its Bitcoin ETF holdings by roughly 21% in Q4 while reallocating capital elsewhere within the crypto space.
🔍 Despite the reduction, Bitcoin ETFs still remain one of the largest crypto-related positions in Harvard’s portfolio, highlighting continued long-term interest rather than a full exit.
⚠️ The move appears to be a strategic rebalancing during market volatility, not necessarily a bearish rejection of Bitcoin as an asset class.
🧠 Notably, Harvard simultaneously initiated exposure to Ethereum ETFs for the first time, suggesting diversification instead of outright risk-off behavior.
📊 Institutional portfolio shifts like this are closely watched because they often reflect broader sentiment trends among smart money.
🚨 Overall, the adjustment signals caution in the short term, but also confirms that major institutions are still actively positioning within the crypto ecosystem rather than abandoning it.