The Harvard Management Company reduced its stake in BlackRock’s Bitcoin ETF to $265.8 million from $442.9 million in Q3 2025, selling over 1 million shares. They also opened a new position in BlackRock’s Ethereum Trust, purchasing over 3.8 million shares valued at $87 million as of Dec. 31. Bitcoin and Ether saw significant price drops in early 2026. Harvard’s total endowment is $56.9 billion, with crypto ETF investments at 0.62% of assets under management. They also increased their position in Alphabet and decreased Amazon holdings in Q4 2025.

Numerai, an AI hedge fund, raised $30 million in a funding round led by “top university endowments” in November. The fund described these investors as the “smartest, most long-term allocators in the world.” The announcement caused their native NMR token price to rise by over 40%.

Read more at Cointelegraph: Harvard Endowment Reduces Stake in Bitcoin ETF, Adds Ether Exposure