Ivy League schools are starting to heavily invest in encryption currency.

According to the latest disclosed regulatory documents, Harvard University's endowment fund quietly completed a significant operation—raising its holdings in BlackRock's Bitcoin spot ETF product, iShares Bitcoin Trust, to $442.8 million. How exaggerated is this number? It already accounts for more than one-fifth of the fund's total publicly disclosed holdings in the U.S. stock market, directly elevating it to its top position.

It is important to know that Harvard's endowment manages hundreds of billions of dollars in assets and has always been known for its stability. This aggressive allocation ratio towards a single encryption-related product can be said to be one of the clearest signals of traditional institutions embracing digital assets. When the old money in the education sector begins to seriously allocate Bitcoin, the narrative of the market may indeed be undergoing a qualitative change.