Harvard tripled its Bitcoin ETF holdings to $443 million in Q3/2025, far surpassing the increase in gold ETF holdings, which only reached $235 million, according to the latest 13F filing. This move is seen as a “devaluation hedge trade,” as both Bitcoin and gold are considered hedges against inflation.
The 2:1 allocation ratio in favor of Bitcoin indicates a shift in preference among major institutions toward digital assets. Matt Hougan, CIO of Bitwise Investments, noted that this trend is becoming more pronounced as Bitcoin surpasses $126,000 in 2025, reflecting the accelerating adoption of digital assets by traditional finance.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Harvard significantly increased its holdings of Bitcoin ETFs in Q3/2025
Harvard tripled its Bitcoin ETF holdings to $443 million in Q3/2025, far surpassing the increase in gold ETF holdings, which only reached $235 million, according to the latest 13F filing. This move is seen as a “devaluation hedge trade,” as both Bitcoin and gold are considered hedges against inflation.
The 2:1 allocation ratio in favor of Bitcoin indicates a shift in preference among major institutions toward digital assets. Matt Hougan, CIO of Bitwise Investments, noted that this trend is becoming more pronounced as Bitcoin surpasses $126,000 in 2025, reflecting the accelerating adoption of digital assets by traditional finance.