Group 1 - Harvard Management Company made significant investments in Bitcoin, holding approximately 1.9 million shares of BlackRock's Bitcoin ETF valued at over $116 million as of June 30 [1][2] - The top five investments in Q2 included Amazon, BlackRock Bitcoin ETF, Microsoft, SPDR Gold Trust, and NVIDIA, while the top five sold included META, Invesco QQQ Trust, UBER, Light & Wonder Inc, and Booking [1][2] - The fund also holds 333,000 shares of SPDR Gold Trust valued at $101.5 million, indicating a shift in investment strategy towards Bitcoin and gold ETFs [3] Group 2 - The investment strategy reflects a significant change, moving away from large tech stocks to include Bitcoin and gold as hedging assets amid inflation concerns [3][4] - Gold prices surged to historical highs in April, exceeding $3,500 per ounce, while Bitcoin reached a peak of $123,000 in July, highlighting the volatility and speculative nature of these assets [4] - Experts express caution regarding Bitcoin's status as a standard medium of exchange and its fundamental value, suggesting that while it may appeal to retail investors, it poses higher risks for university endowment funds [4]
哈佛基金大举投资比特币ETF
3 6 Ke·2025-08-14 02:38