Harvard and Brown universities are actively investing in Bitcoin through BlackRock’s iShares Bitcoin Trust. Harvard’s investment stands at 116 million USD while Brown’s increased stake now totals 13 million USD. This move exemplifies the growing interest among institutional investors in cryptocurrency.
BlackRock’s iShares Bitcoin Trust has emerged as the largest crypto ETF with 86.3 billion USD in assets. Crypto ETFs simplify Bitcoin investment, allowing institutions to gain exposure without directly owning the cryptocurrency, thus encouraging more traditional investment diversification.
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