Why Stanford Students Choose BTC as First Crypto Asset Investment

Recently, Blyth, a student-run investment fund at Stanford University, allocated 7% of its portfolio to BTC through BlackRock’s iShares BTC ETF (IBIT), marking the fund’s first investment in a Crypto asset.

Cole Lee, head of the Stanford University Blockchain Club, made the decision to invest in BTC in February this year.

It is worth noting that the Blyth Fund was established in 1978 to commemorate the legendary banker Charles Blythe.

The Blyth Fund manages Stanford’s pool of expendable funds of up to $1 million and is known for its successful strategies for investing in stocks, bonds and other assets.

On Monday, Lee posted on X to defend his investment on the grounds of ETF capital inflows, Crypto asset market cycles, and preventing "currency chaos and war."

Lee said that Blyth’s investment structure includes independent funds, allowing students to make investment decisions freely.

He further explained that the iShares BTC ETF is an excellent opportunity for Blyth to purchase the first Crypto asset.

Lee added: “In February of this year, I recommended IBIT to the Blyth Fund, a student-run fund that manages part of Stanford University’s endowment. BTC now accounts for 7% of the portfolio.”

“ETFs are BTC’s 1PO (initial public offering) moment. Now, buying BTC is as easy as buying stocks.”

Lee also predicted that, triggered by the recent approval of ETFs, 2026 There will be a large number of traditional institutions pouring into the BTC field before the end of the year.

“Following Tesla and El Salvador’s purchases of BTC in 2021, I believe that within two years, there will be multiple governments and a dozen S&P companies adding BTC to their balance sheets.”

In addition,Lee also said that the price range of BTC in this bull market will reach US$110,000 to US$130,000. Potential upside is between 140% and 180% compared to current prices, a forecast based on the completion of a cyclical pattern.

Previously, Lee had pointed out that BTC breaking through the $69,000 mark would lead to the liquidation of short positions worth billions of dollars, resulting in an intensification of BTC’s upward volatility.

In a tweet on March 6, Lee added that leveraged long positions and accumulation would falter, followed by an upward push for BTC, guided by ETF inflows.

"If BTC fully breaks through $69,000, it will indicate that BTC is expected to rise further."

Lee also highlighted the strong inflow of BTC and expected that as the As BTC prices rise, this trend will continue and gain more momentum.

It is worth noting that on March 4, BlackRock submitted a document to the SEC (U.S. Securities and Exchange Commission) to include BTC in its Strategic Income Opportunities Fund, which has an asset size of US$36.5 billion under management. .

Additionally, Bank of America and Wells Fargo customers can now access BTC on demand.

At the same time, Morgan Stanley is also reportedly conducting due diligence on the addition of spot BTC ETFs on its brokerage platform.

These developments indicate that institutional interest in BTC is increasing, which may further drive demand and price growth.