Ivy League's Brown University Becomes 3rd US College to Invest $4.9M in Bitcoin ETF, Allocating 2%

By: defi news|2025/05/02 18:30:02
0
Share
copy
Brown University, an Ivy League institution, has disclosed a new investment in the IBIT Bitcoin ETF, acquiring 105,000 shares valued at $4.9 million as reported in its latest 13F filing. This position, representing a 2% allocation in their portfolio, was established sometime between January and March of this year.The university's endowment, valued at $7.2 billion, marks this as its first foray into Bitcoin, making Brown the third US college to invest in the cryptocurrency. The filing disclosed a total of 14 positions, indicating a growing trend of institutional adoption of cryptocurrency.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

-- Price

--

You may also like

Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...

July 6 Market Important Events Overview

Can Open USD support Stripe's ambitions?

Stripe collaborates with multiple parties to launch OUSD, not only challenging the dominance of USDC but also exposing its trillion-dollar ambition to transition from a "payment interface" to a "next-generation funds settlement network."

Blockchain Capital Partner: AI is rewriting the fundamental unit of labor

The rise of AI is rewriting the basic unit of labor from "positions" and "companies" to "tasks." When programmable labor meets programmable currency, a production line without companies, salary systems, or HR becomes possible for the first time.

The cryptocurrency industry has become a traditional industry

For entrepreneurs and retail investors still in this industry, they should either embrace the current changes or explore the next unpredictable field in cryptocurrency.

Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon

Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...

Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S

July 5 Market Important Events Overview

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com