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Harvard Management Co (HMC) Cuts BlackRock Bitcoin ETF Exposure by 21%, Rotates to Ethereum

Harvard Management Co (HMC), the entity managing Harvard University’s endowment, has trimmed its holdings in BlackRock Bitcoin ETF (IBIT). The company has opened a new multimillion-dollar position in an Ethereum ETF, indicating strategic rebalancing toward ETH. Harvard Management Co Trims Bitcoin Exposure, Buys Ethereum Harvard University’s endowment management company has sold 1.48 million shares of

The post Harvard Management Co (HMC) Cuts BlackRock Bitcoin ETF Exposure by 21%, Rotates to Ethereum appeared first on CoinGape.

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