LATEST: 📊 Harvard has cut its iShares Bitcoin Trust position by 21% while adding an $87 million stake in the iShares Ethereum Trust for the first time, according to SEC filings. https://t.co/MIg9lpOkh7 ...

RT Wu Blockchain (@WuBlockchain)Harvard Management Company reduced its iShares Bitcoin Trust (IBIT) holdings by 21% in Q4 2025 to 5.35 million shares valued at $265.8 million, while initiating a new $86.8 million position in BlackRock’s iShares Ethereum Trust (IETHA). As of Dec. 31, the endowment held a combined $352.6 million in bitcoin and ether ETF exposure. https://t.co/izCGgaU4pg ...

Harvard Management Company reduced its iShares Bitcoin Trust (IBIT) holdings by 21% in Q4 2025 to 5.35 million shares valued at $265.8 million, while initiating a new $86.8 million position in BlackRock’s iShares Ethereum Trust (IETHA). As of Dec. 31, the endowment held a combined $352.6 million in bitcoin and ether ETF exposure. https://t.co/izCGgaU4pg ...

Core Insights - The SEC approved the first batch of spot Bitcoin ETFs in January 2024, allowing investors to gain direct exposure to Bitcoin without needing crypto wallets [1] Group 1: Bitcoin ETFs - The iShares Bitcoin Trust ETF (IBIT) is the leading spot Bitcoin ETF with $52.6 billion in assets [2] - Each share of IBIT represents approximately 0.000568 Bitcoin, meaning an investor would need to purchase 1,761 shares to own the equivalent of one Bitcoin, costing just over $65,000 [2][3] - The expense ratio for IBIT is 0.25%, which is competitive with other similar funds [2] Group 2: Investment Considerations - Analysts from The Motley Fool Stock Advisor have identified 10 stocks they believe are better investment opportunities than iShares Bitcoin Trust [4] - Historical performance of stocks recommended by The Motley Fool shows significant returns, with examples like Netflix and Nvidia yielding substantial profits for early investors [5]

BitMEX co-founder Arthur Hayes said the recent BTC selloff was likely driven by dealer hedging linked to iShares Bitcoin Trust (IBIT) structured products. Hayes added he is compiling a comprehensive list of bank-issued notes to identify trigger points that could cause rapid price swings, noting that as market dynamics change, participants must adapt.https://t.co/7XhO4kItdz ...

Core Insights - iShares Bitcoin Trust (IBIT) experienced a significant single-day price drop of 13% on February 5, resulting in a record trading volume of approximately $10 billion, marking the highest since its launch and the second-largest single-day decline in its history [1] Trading Activity - The trading volume of iShares Bitcoin Trust reached about $10 billion on February 5, setting a new record for the fund since its inception [1] - This trading activity coincided with a notable price decline, indicating heightened market volatility and investor reaction [1]

Cloud Computing - Amazon Web Services (AWS) has launched new foundational models and services, including Bedrock for generative AI application development, AI agents for coding, security, and incident monitoring, and a business intelligence platform called Quick Suite that utilizes generative AI for data analysis and workflow automation [1] E-commerce - Amazon has developed hundreds of generative AI applications aimed at improving operational efficiency, automating customer service, optimizing demand forecasting, enhancing inventory placement, and expediting last-mile delivery. Additionally, an AI model named DeepFleet has been created to assist robots in navigating warehouses more efficiently [2] Business Segments - Amazon maintains a strong presence in e-commerce, digital advertising, and cloud computing, leveraging its competitive advantages to integrate AI products across these segments, which is expected to drive revenue growth and enhance profit margins [3] Financial Performance and Valuation - Wall Street analysts project Amazon's earnings to grow at an annual rate of 19% over the next three years, making the current valuation of 34 times earnings appear reasonable. The median forecast for Amazon's stock price is $300 per share, indicating a potential upside of 25% from its current price of $239 per share [7][8] Hedge Fund Activity - Hedge fund managers Philippe Laffont and Steven Schonfeld sold significant portions of their Amazon shares, reducing their positions by 14% and 72% respectively, while simultaneously increasing their stakes in the iShares Bitcoin Trust [5][6][7]

Core Insights - Spot Bitcoin exchange-traded funds (ETFs) have gained significant traction since their launch in January 2024, with total assets nearing $150 billion, half of which is attributed to the iShares Bitcoin Trust [1] Group 1: Trading Characteristics - Bitcoin ETFs do not trade 24/7 like Bitcoin; they operate during normal market hours, which may be less appealing for frequent crypto traders [3] - The iShares Bitcoin Trust (IBIT) is noted as the largest and most liquid ETF in the Bitcoin category, highlighting its prominence in the market [7] Group 2: Costs and Fees - Bitcoin ETFs incur management fees, with the iShares Bitcoin ETF having an expense ratio of 0.25%, which, while below average, can impact long-term returns [4] Group 3: Investment Considerations - Analysts from The Motley Fool Stock Advisor have identified 10 stocks they believe are better investment opportunities than the iShares Bitcoin Trust, suggesting caution for potential investors [5]

Group 1 - The iShares Bitcoin Trust ETF (IBIT) experienced a decline of 5% as the trading week began, reflecting negative sentiment in the cryptocurrency market [1][5] - Investors are showing a lack of confidence in cryptocurrencies, particularly following the Federal Reserve's recent rate cut and hints at resistance to further cuts in the near future [2][4] - The performance of cryptocurrencies is being influenced by the broader market trends, including the decline in AI stocks, which are also considered high-risk investments [4][5] Group 2 - The iShares Bitcoin Trust ETF's current price is $48.66, with a day's trading range between $48.28 and $51.00, and a 52-week range from $42.98 to $71.82 [6] - There is an expectation that the January Effect may provide positive momentum for cryptocurrencies, particularly in a low-rate environment [6][7] - Institutional investors are likely to adjust their holdings in January, with Bitcoin being a preferred choice for those willing to take on risk [7]

Market Overview - The U.S. stock market experienced a significant decline, with the Dow Jones Industrial Average dropping nearly 1%, and major tech stocks like Broadcom falling over 4% [1][3] - The VIX fear index surged by more than 5%, indicating increased market volatility [1] Cryptocurrency Market - The cryptocurrency market faced a severe sell-off, with Bitcoin dropping below $84,000, marking a decline of over 5% [1][4] - Ethereum, XRP, and HYPE also saw significant declines, with drops exceeding 7% [1][4] - In the last 24 hours, nearly $1 billion in cryptocurrency contracts were liquidated, affecting over 273,000 traders [1] Economic Indicators - The ISM manufacturing PMI for November was reported at 48.2, below expectations and indicating continued contraction in the manufacturing sector [8][9] - New orders index fell to 47.4, the fastest contraction since July, reflecting weak customer demand [9] - The employment index also declined to 44, suggesting a significant reduction in factory employment due to weak demand [10] Federal Reserve Outlook - Following the release of economic data, expectations for a rate cut by the Federal Reserve in December increased, with an 87.6% probability of a 25 basis point cut [11] - The uncertainty surrounding trade policies and high production costs continues to weigh on the manufacturing sector [11]