Harvard University’s endowment fund has sold all its Ethereum investment after holding it for only one quarter, according to recent SEC filings.
Harvard Management Company reportedly sold all its shares in the BlackRock iShares Ethereum Trust ETF, which was worth about $87 million. The fund also cut back on Bitcoin, but still holds a large stake in BlackRock’s Bitcoin ETF.
This decision comes at a tough time for Ethereum, as its price has dropped sharply from its 2025 highs. The Ethereum community has also seen leadership changes and several people leaving the Ethereum Foundation this year.
Several researchers and senior contributors have left the foundation while there are ongoing debates about Ethereum’s future, its tokenomics strategy, and how it competes with other blockchains.
The Ethereum Foundation has recently said it is still committed to decentralization, privacy, and resisting censorship. However, some in the community think the ecosystem should focus more on growth and gaining market share.
Harvard’s exit shows that even big institutional investors are still careful about Ethereum because of ongoing market swings and doubts about its long-term future.
BREAKING 🚨: Ethereum
Harvard dumps entire $ETH position worth $87 Million 🤯👀 pic.twitter.com/lFq5BXlAZA
— Barchart (@Barchart) May 21, 2026
After 5 years on the @ethereumfndn leadership team, I’ve decided to step away and pass the torch. I made this decision in early March, and will wrap up my work at the end of April. I’ve made no plans for the future, other than taking a long break to reset and spending time with…
— Josh Stark (0xstark.eth) (@0xstark) April 16, 2026
Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV
You need to login in order to Like
Leave a comment