Harvard University's Investment Manager Loads Up On 3.87M ETHA Shares

Core Insights - Harvard Management Co. Inc. has established a new position in the iShares Ethereum Trust ETF, acquiring 3,870,900 shares valued at approximately $86.82 million [1] - The iShares Ethereum Trust ETF has a market capitalization of $6.17 billion and provides a regulated vehicle for exposure to Ether [4] Investment Overview - The iShares Ethereum Trust ETF has experienced a one-year price change of -23.90%, with shares priced at $15.44 as of February 14, 2026 [3][8] - Harvard's investment in ETHA represents 4.18% of the fund's reportable U.S. equity assets as of December 31, 2025 [8] Comparative Performance - The iShares Bitcoin ETF Trust has outperformed the Ethereum ETF, with a price increase of approximately 40% since its inception in January 2024, while the Ether fund has decreased by 41.32% [7] - Harvard Management's portfolio includes 19 assets across various sectors, including a position in the iShares Bitcoin ETF Trust [6][8] Fund Management - Harvard's endowment funds are used for institutional needs such as faculty pay, scholarships, and research, and are managed exclusively by Harvard Management [5] - As of February 14, 2026, Harvard Management reported $2.08 billion in 13F reportable assets [8]