HARVARD SLASHES BITCOIN ETF POSITION, EXITS ETH ENTIRELY Harvard University’s endowment cut its BlackRock Bitcoin ETF (IBIT) position by roughly 43% in Q1 2026, reducing holdings to 3.04M shares worth about $117M. The endowment also fully exited its $86.8M position in BlackRock’s spot Ethereum ETF (ETHA), just one quarter after initiating the stake. Harvard had aggressively scaled into IBIT through 2025, with the position peaking near $443M in Q3 before consecutive quarterly reductions. Meanwhile, Abu Dhabi’s Mubadala moved the opposite direction, increasing its IBIT holdings 16% to roughly $566M. Despite the cuts, filings suggest Harvard is rotating toward traditional assets like TSMC, Microsoft, Alphabet, and gold rather than fully abandoning BTC exposure.