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According to a new SEC filing, the Harvard University endowment’s largest publicly-traded investment is now in the iShares Bitcoin Trust (IBIT), which is a spot bitcoin exchange-traded fund (ETF) operated by Blackrock. The filing indicates the endowment increased its holdings of IBIT from 1,906,000 shares to 6,813,612 shares since its previous such report. At current … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Republicans in Congress are seeking to extract billions of dollars in taxes from the endowments of top private US universities by raising rates on investment returns amid a broader attack on elite academia. … Read more
US foundations and university endowments are ramping up their exposure to cryptocurrencies to join the digital assets rush prompted by President Donald Trump’s promise to make the nation the world’s “bitcoin superpower”. Crypto has far outperformed other asset classes over the past five years despite its high volatility, with many who have stood on the … Read more
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