Harvard Buys $87M in Ethereum ETF While Cutting Bitcoin – Here Is What It Signals

Harvard University has made a significant investment of $87 million in an Ethereum exchange-traded fund (ETF), a move that comes as the institution simultaneously reduces its holdings in Bitcoin. This strategic decision may signal a shift in the university's approach to cryptocurrency investments, potentially indicating a preference for Ethereum's underlying technology and use cases compared to Bitcoin. The implications of this investment choice could be far-reaching, reflecting broader trends in the cryptocurrency market and suggesting a reevaluation of asset allocations among institutional investors. Here’s a closer look at what this could mean for the future of both Ethereum and Bitcoin in the context of institutional investment strategies. source: https://blocknews.com/harvard-buys-87m-in-ethereum-etf-while-cutting-bitcoin-here-is-what-it-signals/