US EditionBrown University Endowment Adds $5M in Bitcoin ETFs
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Brown University Endowment Adds $5M in Bitcoin ETFs
The endowment of Brown University is the latest to add bitcoin exchange-traded funds to its holdings, investing $4.9 million last quarter. The university endowment purchased 105,000 shares of BlackRock’s iShares Bitcoin Trust exchange-traded fund, according to a Form 13F filing to the Securities and Exchange Commission. The allocation to the ETF is a small percentage of the endowment’s $7.2 billion in assets—less than 0.07%. These ETFs, whic…
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