Harvard Endowment's $116M Investment in BlackRock Bitcoin ETF Highlights Institutional Confidence in Crypto

I find it noteworthy that Harvard's endowment has committed $116 million to BlackRock's Bitcoin ETF. This move signals a significant institutional trust in cryptocurrency investment vehicles, especially in a traditionally conservative endowment like Harvard's, which has historically diversified its portfolio with alternative assets. The decision to allocate such a substantial sum to a Bitcoin ETF suggests that credibility and mainstream acceptance of digital assets are growing among major financial institutions.