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Brown University Adds Bitcoin ETF to Portfolio in $4.9M Investment

  • Brown University invested $4.9 million in BlackRock's iShares Bitcoin Trust ETF during the first quarter of 2025, reported in a 13F SEC filing.
  • The investment follows the SEC approval of the spot Bitcoin ETF in January 2024 and reflects growing institutional interest in regulated digital asset exposure.
  • Brown acquired 105,000 shares of the ETF, representing about 2.3% of its $216 million equity portfolio, joining other universities like Emory and Austin in Bitcoin investment.
  • As of March 31, 2025, the IBIT held approximately 607,686 Bitcoins valued over $58 billion, highlighting the fund's rapid growth and institutional adoption.
  • This development reflects an ongoing shift toward greater inclusion of Bitcoin in university endowments, indicating increasing comfort with incorporating digital currencies into conventional investment strategies.
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The Defiant broke the news in on Friday, May 2, 2025.
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