Harvard Management Company slashed its BlackRock Bitcoin ETF position by roughly 43% in Q1 2026 and fully exited its Ethereum ETF stake, according to SEC filings.
Harvard University’s endowment reduced its exposure to Bitcoin and Ethereum spot ETFs during the first quarter of 2026, according to SEC filings. Harvard Management Company cut its holdings in BlackRock’s spot Bitcoin ETF (IBIT) by approximately 43% and completely liquidated its position in BlackRock’s spot Ethereum fund, data from the latest 13F regulatory filings show.
The endowment’s retreat from crypto spot ETFs contrasts sharply with moves by other major institutional investors. Abu Dhabi’s sovereign wealth fund Mubadala increased its IBIT stake by 16% to approximately $566 million during the same period, signaling divergent appetites for Bitcoin exposure among large asset holders.
The 13F filing requirement mandates that institutional investment managers with more than $100 million in assets under management disclose their holdings quarterly to the SEC, providing transparency into major portfolio shifts across equities and certain other securities. Harvard’s reduction of Bitcoin ETF exposure and complete exit from Ethereum ETF positions mark a significant de-risking of the endowment’s digital asset allocation.
The move reflects changing institutional sentiment around spot Bitcoin and Ethereum ETFs in early 2026, roughly six months after the SEC approved spot Ethereum ETF products alongside existing Bitcoin ETF offerings.
Sources: SEC EDGAR Filing | BeInCrypto | Crypto News
This article was produced with the help of AI flows.