- Epic Crypto News
- Posts
- š Harvard Invests in BTC ETF
š Harvard Invests in BTC ETF
Hey crypto trailblazer, š
Two major headlines are shaping the narrative this week. Harvardās endowment just disclosed a huge Bitcoin ETF position! On the other hand, a key crypto adviser in the Trump White House, has stepped down. Here are the headlines:
š Harvard Endowment Buys BlackRockās Bitcoin ETF
Harvard Management Company reported a $116 million stake, roughly 1.9 million shares, in BlackRockās iShares Bitcoin Trust (IBIT) as of June 30. This position is now their fifth-largest holding, right after Microsoft, Amazon, Booking Holdings, and Meta.
Hereās why this matters:
Harvardās move signals that top-tier institutions now see regulated Bitcoin ETFs as legitimate long-term investments.
IBIT has grown rapidly into a multi-billion-dollar product and is becoming a preferred way for large investors to get Bitcoin exposure.
The SEC recently allowed more options contracts on these ETFs, which could increase liquidity and trading opportunities.
This is another sign that crypto is no longer being ignored by the old guard of finance.
6 free tools to communicate better at work
Smart Brevity is built to fix inbox ā and information ā overload. Its science-backed methodology can take any communication from confusing to clear.
Unlock our free resources on the communicationā¦
Method that makes work more efficient
Tactic that hooks busy readers
Format that structures sharper updates
Start making every word work harder so your readers donāt have to.
šTrump Crypto Advisor Bo Hines Bids Farewell
Bo Hines, executive director of the White House Presidential Council of Advisers on Digital Assets, announced he is stepping down and returning to the private sector. Hines was instrumental in pushing key legislative efforts, including the GENIUS Act, which established stablecoin regulation in the United States.
Key points:
Hines led the working group that developed major crypto policy proposals and advised the SEC on creating clearer digital asset rules.
He called the role āthe honor of a lifetimeā in a public post, earning praise from David Sacks, the White Houseās AI and crypto czar.
While one of cryptoās strongest voices in the White House is leaving, the structure he helped create should keep moving forward.
Stay epic,
Epic Crypto News Team
DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.
Reply