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