[Brief] Harvard Dumps Ether ETF as Abu Dhabi Sovereign Fund Adds Bitcoin

Harvard’s endowment has recently liquidated its ether ETF positions, while Abu Dhabi’s sovereign wealth fund Mubadala continues to accumulate shares in BlackRock’s iShares Bitcoin Trust ETF, adding over $90 million to its already substantial position.

Institutional allocation strategies in crypto are showing clear divergence: academic institutions reducing ethereum exposure while Middle Eastern sovereign funds remain bullish on bitcoin.

Source: The Block