Harvard Management Company invested millions in BlackRock’s Bitcoin ETF, holding 1.9 million shares worth over $116 million as of June 30, 2024. The university’s endowment fund hit $53.2 billion, ranking it as the largest among US universities. Emory University was among the first to invest in digital asset ETFs in 2024.

SEC approved BlackRock’s BTC ETF listing in January 2024, growing to over $86 billion in net assets. The SEC increased the number of allowed options contracts to 250,000 for all ETFs with options, including the iShares Bitcoin ETF. This move is expected to boost demand for the crypto investment vehicle.

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1. Bitcoin hits new all-time high of $60,000, driven by increased institutional adoption and positive sentiment in the market.

2. Ethereum 2.0 upgrade progresses as over 3 million ETH is staked in the deposit contract, signaling growing interest in the network’s future scalability.

3. NFT craze continues with digital artist Beeple selling a virtual artwork for $6.6 million, highlighting the potential of non-fungible tokens in the art world.

4. Tesla announces purchase of $1.5 billion worth of Bitcoin and plans to accept the cryptocurrency as payment for its products, boosting mainstream acceptance of digital assets.: Harvard Endowment Invests $116M Into BlackRock Bitcoin ETF