Ivy-league US college Brown discloses $4.9 million exposure to Bitcoin via BlackRock’s IBIT ETF

By: cryptosheadlines|2025/05/02 21:45:01
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Brown University has made its first reported foray into Bitcoin (BTC), investing $4.9 million in BlackRock’s iShares Bitcoin Trust (IBIT), according to a recent 13F filing submitted to the US Securities and Exchange Commission.The Ivy League institution acquired 105,000 shares of the ETF during the first quarter, making the position approximately 2.3% of its reported $216 million equity holdings.The purchase adds Brown to a growing roster of traditional institutions turning to regulated vehicles for digital asset exposure.Adoption via Bitcoin ETFsDesigned to track the price of Bitcoin directly, spot Bitcoin ETFs have seen widespread adoption across hedge funds, pensions, and now university endowments.BlackRock’s IBIT has emerged as a favored entry point for institutions since the SEC approved it in January 2024. In less than a year, the fund became one of the best-performing ETFs in the market’s history.As of March 31, IBIT held roughly 576,038 Bitcoin, equating to net assets of $47.78 billion.Brown’s decision reflects a broader trend among long-term asset managers seeking Bitcoin exposure through familiar financial structures. Spot ETFs like IBIT allow institutions to access Bitcoin without the operational burden of custody or direct token management.Universities embracing BitcoinWhile university endowments have largely remained cautious, recent months have seen a shift. The University of Austin announced in February that it would allocate $5 million of its endowment to Bitcoin.The fund would be held in partnership with Unchained and was set up with a five-year minimum holding period.Other schools, including Stanford and Emory, have also reported exposure to Bitcoin through regulated investment products. These moves suggest a gradual normalization of digital assets within institutional portfolios once considered too conservative for crypto holdings.At the time of the disclosure, Bitcoin was trading just under $97,000, based on CryptoSlate data.Mentioned in this articleSource link

-- Price

--

You may also like

Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling

Why are tokenized stocks booming while the crypto market struggles? Explore the latest 2026 data, institutional adoption, and what it means for traders.

From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?

The revenue from consumer applications on Solana is no longer solely reliant on meme coin issuance, but is gradually spreading to more consumption scenarios.

Looking at Stripe's ambitions and the future of stablecoins from OUSD

Stripe enters the stablecoin network battle with OUSD, a comprehensive look at the third paradigm evolution of digital dollars and the new infrastructure for global payments in the AI era.

Do you want to buy CRCL?

A detailed breakdown of Circle's business fundamentals and valuation logic: The panic over OUSD and the market correction have triggered a short-term mispricing, presenting an opportunity for left-side positioning and legislative speculation below $60.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

The most secretive AI winner

A century-old company that sells toilets and produces MSG has seen its stock price soar by "positioning" core materials for AI chips. This article clarifies the explosive opportunities for domestic substitution of semiconductor materials in the A-share market.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Program:[email protected]