Harvard Increases Bitcoin ETF Holdings by 237% to $442.8M

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According to TheMarketPeriodical, Harvard University increased its Bitcoin ETF holdings by 237% in the third quarter, reaching $442.8 million, as revealed in its 13F filing. Bloomberg Senior ETF Analyst Eric Balchunas noted this is Harvard’s largest position and its biggest increase in the quarter. During the same period, Bitcoin dropped from $126,210 to $95,602, leading to $19.13 billion in liquidations and the closure of 1.6 million retail accounts. Analysts suggest this move reflects growing institutional interest in Bitcoin, with other large investors also adding to their holdings. ETF inflows reached $24 billion this year, despite retail investors selling. Experts forecast Bitcoin could reach $130,000 to $150,000 in six to 18 months if the market stabilizes.

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