HARVARD TRIMS BITCOIN ETF, BUILDS $87M ETHER POSITION

Summary from the TLDR Crypto newsletter

Harvard Management Company cut its iShares Bitcoin Trust holdings by about 21% in Q4 while opening a new $86.8 million position in BlackRock's iShares Ethereum Trust. This leaves bitcoin as its largest publicly disclosed holding at $265.8 million amid volatile crypto prices and academic scrutiny of the endowment's digital-asset strategy.