Crypto
Harvard cuts bitcoin ETF holdings by more than one-fifth and makes first investment in ethereum
Harvard Management Company, which manages Harvard University\'s endowment, cut its holdings of a bitcoin exchange-traded fund by more than one-fifth in the fourth quarter and invested in an ethereum ETF for the first time, The Block reported on Feb. 16. The firm now holds $352.6 million across the two cryptocurrencies. As of Dec. 31, it held 5.35 million shares of BlackRock\'s iShares Bitcoin Trust and bought 3.87 million shares of iShares Ethereum Trust.
