Core Viewpoint - The recent shift by Harvard's endowment fund from Bitcoin to Ethereum highlights a growing interest in diversifying cryptocurrency investments, particularly in the context of current market conditions where Bitcoin and Ethereum have seen significant declines from their all-time highs [2][3][5]. Group 1: Harvard's Investment Strategy - Harvard's endowment fund, valued at $50 billion, has reduced its Bitcoin holdings by 21%, now owning 5.35 million shares of the iShares Bitcoin Trust worth $265.8 million [3]. - The fund has initiated a new position in Ethereum, acquiring 3.87 million shares of the iShares Ethereum Trust valued at approximately $86.8 million, marking its first investment in Ethereum [3][2]. Group 2: Market Analysis - Bitcoin has decreased by 25% this year and is down 47% from its all-time high, while Ethereum has experienced a 35% decline this year and a 61% drop from its peak, indicating that Ethereum may be oversold and potentially attractive to investors [6][5]. - The move to Ethereum could reflect a broader trend among institutional investors seeking diversified exposure to the cryptocurrency market, as the availability of various crypto ETFs facilitates this diversification [5]. Group 3: Potential for Ethereum - Ethereum's ability to offer "staking yield" presents a significant advantage over Bitcoin, which does not provide this feature due to its proof-of-work structure, potentially making Ethereum a more appealing investment option for generating passive income [7].

Hedge funds that helped fuel a boom in US exchange-traded funds holding Bitcoin are in rapid retreat. Aggregate Bitcoin ETF allocations among the largest hedge fund holders fell 28% from the third to the fourth quarter of 2025, according to data compiled by CF Benchmarks, a wholly-owned subsidiary of crypto exchange Kraken. Most Read from Bloomberg Bitcoin is down almost 50% from its October peak of over $126,000. The token slid as much as 4.8% in early Asia trading on Monday to nearly $64,300, its low ...

Intesa Sanpaolo, Italy’s largest banking institution and one of Europe’s largest banks, has disclosed approximately $96 million in spot Bitcoin exchange-traded funds in a regulatory filing. Institutional adoption of digital assets has been picking up pace within Europe’s traditionally conservative banking sector. The bank’s Form 13F filing with the US Securities and Exchange Commission (SEC), covering positions as of 31 December 2025, also reveals a sophisticated $184.6 million put option position on Mi ...

Despite tanking in the past few months, Bitcoin's (CRYPTO: BTC) trailing-10-year return of 17,000% (as of Feb. 12) is still impressive. This makes it one of the best assets investors could've owned. And now that it's on the dip, maybe it's time to buy. Investing in the spot Bitcoin exchange-traded funds (ETFs) is another popular avenue. BlackRock's iShares Bitcoin Trust (NASDAQ: IBIT) leads the pack. And it currently has $52 billion in assets under management. Where to invest $1,000 right now? Our analyst ...

Harvard Management Company reported a reduction in its holdings of the iShares Bitcoin Trust (NASDAQ: IBIT) while simultaneously establishing a new position in BlackRock’s Ethereum-based fund. The changes were disclosed in a 13F filing with the Securities and Exchange Commission for the quarter ended December 31, 2025. The university endowment ended the fourth quarter with 5,353,612 shares of the BlackRock-issued bitcoin fund. The position was valued at $265,806,836 as of the filing date. This represent ...

Core Insights - Investor appetite for bitcoin has diminished in 2023, leading to significant net outflows from the iShares Bitcoin Trust totaling approximately $34 million as of Wednesday [1] Company Summary - The iShares Bitcoin Trust has experienced net outflows of about $34 million through Wednesday, indicating a decline in investor interest in bitcoin [1]

Core Insights - U.S. spot Bitcoin exchange-traded funds (ETFs) saw a significant turnaround in investor flows on February 2, attracting nearly $562 million in net daily flows after weeks of substantial net outflows [1][2] - The cumulative net inflows for all U.S. Bitcoin spot ETFs reached $55.57 billion, marking one of the largest single-day inflows since early January [1] Group 1: Market Dynamics - The inflow recovery followed a challenging period for Bitcoin-linked investment products, with spot ETFs experiencing heavy redemptions totaling $817.87 million on January 29 and $509.70 million on January 30 [3] - Major stock indexes have been declining since October, contributing to thin trading in both conventional and crypto markets, with total net assets held by U.S. Bitcoin spot ETFs dropping to $100.38 billion from over $125 billion in mid-January [4] - Despite the inflow surge, the decline in total net assets reflects Bitcoin's price drawdown rather than a decrease in ETF participation [4] Group 2: Trading Activity - Trading activity rebounded alongside inflows, with the total daily traded value across spot Bitcoin ETFs reaching $7.68 billion, indicating active repositioning rather than passive inflows [5] - BlackRock's iShares Bitcoin Trust remained the largest fund, holding $60.17 billion in net assets, while Fidelity's FBTC led the day in inflows with $153.35 million, bringing its cumulative inflows to $11.43 billion [6] - Grayscale's GBTC saw no new inflows and faced cumulative net outflows of $25.70 billion, while other issuers like Bitwise, ARK Invest, and VanEck reported positive flows [7]

Core Insights - Bitcoin ETFs experienced significant one-day outflows of nearly $818 million as Bitcoin's price fell to a nine-month low, indicating a shift in investor sentiment [1][4] - Cumulative net inflows since the inception of Bitcoin ETFs remain substantial at $55.52 billion despite recent negative trends [1][4] Group 1: ETF Performance - The largest Bitcoin ETF, BlackRock's iShares Bitcoin Trust, led the outflows with $317.81 million, followed by Fidelity's FBTC with $168.05 million and Grayscale's GBTC with $119.44 million [2] - January concluded with estimated net outflows of $1.1 billion, reflecting a continuation of negative trends observed in December 2025 [3] Group 2: Market Conditions - The sharp decline in Bitcoin's price, dropping below the $84,000 support level to as low as $81,200, coincided with broader bearish conditions in the cryptocurrency market [3][4] - Analysts suggest that ongoing bearish market conditions and lower price targets could lead to further outflows from Bitcoin ETFs in the future [5]

Core Insights - Bitcoin has been a top-performing asset over the past decade, and its current price dip may present a buying opportunity for investors [1] - The iShares Bitcoin Trust, managed by BlackRock, has become a highly successful product with $70 billion in assets under management [2] Investment Strategies - Direct ownership of Bitcoin allows investors to have total control and minimize counterparty risk, but requires more effort in terms of learning and managing transactions [4][5] - Investors opting for the iShares Bitcoin Trust benefit from a hassle-free approach, as it is traded like a stock and simplifies tax reporting [7][8] - The iShares Bitcoin Trust has an annual expense ratio of 0.25%, which can reduce overall returns over time [9]

As of this writing on Jan. 28, Bitcoin (CRYPTO: BTC) trades at $89,350 per digital coin. It has hovered at this level since Jan. 21, down from an all-time high of $126,198 last October. This retreat could be the start of the next crypto winter, with lower Bitcoin prices and struggling altcoins in store for the next couple of years. Things could be different this time, though -- maybe I'm looking at a temporary drawdown before the crypto market takes off again. And maybe (just maybe) it's the harbinger of ...