Harvard sold $73 million in IBIT and purchased $87 million in IETHA during the fourth quarter of 2025, marking a strategic rotation from Bitcoin to Ethereum as the ETH/BTC ratio reached multi-year lows. This move reflects a broader trend among academic endowments, which typically take time to deliberate and require committee approval for asset shifts, emphasizing calculated bets on the utility of assets over their store-of-value potential in the current market conditions.
Harvard rotates from Bitcoin to Ethereum, sells $73M IBIT, buys $87M IETHA
