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
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
You may also like
Bank of Korea defends bank-first stablecoin plan amid bill deadlock
JPMorgan says bitcoin's main risk isn't Strategy, but blockchain adoption that doesn't benefit public chains and tokens
Fear & Greed Index Today: What Extreme Fear Means for Crypto, Stocks and Gold
The Crypto Fear & Greed Index has fallen to Extreme Fear as Tesla, Intel and the Nasdaq declined. See what it means for traders and explore stocks, crude oil and gold in the WEEX TradFi Trading Challenge.
Labour MPs Push to Make UK Crypto Donation Ban Permanent
Supreme Court ruling expanding Trump's authority over federal agencies raises questions for SEC, CFTC as crypto rulemaking advances
'Bottom building in progress': Analysts say bitcoin holder capitulation signals late-stage bear market
A Comprehensive Analysis: Starting from 1996, Who is Laying the Foundation for the Next Generation of Capital Markets
Luke Dashjr, the Biggest Anti-Spammer of Bitcoin, Inscribed Phrases on the Network in 2011
Whales bought 270,000 BTC while ETFs bled $7 billion. One side is wrong
The crypto IPO class of 2025-26 is down as much as 89%. Autopsy of a listing boom
Robinhood Chain Mining Guide: A Comprehensive Tutorial from Cross-Chain to Memecoin
BitGo CEO says single-digit percentages of bitcoin's supply are 'probably right' for large holders amid Strategy's sale
Beyond Private Keys: How to Safeguard the Security Boundaries of Web3 from Wallets, L2 to Supply Chains?
Vanguard Enters the Market, Opening a New Crypto Gateway for 50 Million Traditional Investors
Why the OUSD Alliance of 150 Companies Still Cannot Shake USDT and USDC?
Citigroup Analysis: Is There Still 47% Upside for Nvidia? Can Rubin and CPO Deliver?
WEEX API Fast Connect: Turn Every Sign-In Into a Live Trader in Under 10 Seconds
WEEX API Fast Connect is a one-click OAuth authorization system that lets your users link their WEEX account without ever touching an API key. Frictionless onboarding, faster conversions, higher retention — built for WEEX Broker partners.
Bitcoin's dwindling exchange reserves don't pack the same bullish punch anymore
Bank of Korea defends bank-first stablecoin plan amid bill deadlock
JPMorgan says bitcoin's main risk isn't Strategy, but blockchain adoption that doesn't benefit public chains and tokens
Fear & Greed Index Today: What Extreme Fear Means for Crypto, Stocks and Gold
The Crypto Fear & Greed Index has fallen to Extreme Fear as Tesla, Intel and the Nasdaq declined. See what it means for traders and explore stocks, crude oil and gold in the WEEX TradFi Trading Challenge.
Labour MPs Push to Make UK Crypto Donation Ban Permanent
Supreme Court ruling expanding Trump's authority over federal agencies raises questions for SEC, CFTC as crypto rulemaking advances
'Bottom building in progress': Analysts say bitcoin holder capitulation signals late-stage bear market
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com

