Brown University Holds $5M Worth of BlackRock Spot Bitcoin ETF

By: cryptosheadlines|2025/05/03 22:45:01
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Thriving BlackRock spot Bitcoin Exchange Traded Fund (ETF) has bagged almost $5 million from a Rhode Island-based Ivy League school. Brown University filed an institutional investment manager holdings report with the United States Securities and Exchange Commission (SEC), citing it had acquired $5 million worth of shares in BlackRock’s spot Bitcoin ETF. Academic Institution Seeks Exposure to CryptoThe $5 billion gives the Ivy League school up to 105,000 iShares Bitcoin Trust (IBIT) shares, worth $4,915,050, as of March 31. This holding was stated in its recently listed 13F-HR form. VanEck Head of Digital Assets Research Matt Sigel pointed out that Brown University is the third academic institution to gain exposure to BTC via an ETF. The other two are Emory, which holds Grayscale Bitcoin Mini Trust ETF, and the University of Austin.Brown University is gaining exposure to cryptocurrency for the first time. Its 13F-HR filings show other investments in firms like Amazon, Google, and Microsoft, and investments in different sectors totaling $216 million. BlackRock Spot Bitcoin and Ethereum ETF Lead Counterparts The broader spot Bitcoin ETF sector continues to record massive inflows. Launched in January 2024, IBIT is the most prominent spot Bitcoin ETF, with some $56.81 billion in Assets Under Management (AUM). In Q1 2025, both BlackRock BTC and Ethereum ETFs recorded declines in inflows. The iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA) ETF declined approximately 83%. Based on their stellar reputation, the dip for two crypto ETFs, leading their counterparts, was quite notable. However, Juan Leon, Senior Investment Strategist at Bitwise, believes that Q2 2025 will be better than the previous quarter. The Bitcoin ETF niche may record up to $3 billion in inflows in the second quarter. Improved Crypto Regulatory Framework in the US By several standards, the broader cryptocurrency market has seen appreciable growth since Donald Trump won the United States presidential elections. The new administration has introduced policies in favour of the burgeoning sector. The new stance has encouraged several asset management firms to request approval from the SEC to list other crypto ETFs.Various asset managers are filing to launch Dogecoin, Solana, XRP, Litecoin, Sui, Polkadot, and even Aptos ETFs. In the meantime, the Commission has not responded favorably to any of these crypto ETFs that followed spot Bitcoin and Ethereum ETFs. Source link

You may also like

Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat

Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by

As a core asset in Baidu's AI landscape, Kunlun Chip is expected to exceed Baidu's market value after going public, becoming an important bargaining chip in its turnaround battle.

Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play

The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.

Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip

Abandoning TSMC and teaming up with Samsung. Anthropic launches a self-developed 2nm chip program, challenging Nvidia and starting a battle to break through computing power costs.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

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