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Harvard University did It’s a lot Spending money on exchange A bitcoin .
The move represents one of the most well-known approvals for the emergence of Bitcoin (BTC) among the leading currencies, and as such marnbrebu as the 16th group that shares with black money.
The most recent 13F filing shows that Harvard increased its shareholding starting in June, increasing its gold shares by 99,391.
And it is He said again Eric Balchon, a Bloomberg analyst for exchange-traded funds (etfs), known as exchange-traded funds (etfs), describes it as “The best help there is“.
Institutional changes reflect changes in academic research
harvard’s integrated Bitcoin team is effectively attended by former members of the finance department.
In 2018, Kenneth Rogoff, Professor of economics at Harvard University and the Centromist Comminte Fund, said that Bitcoin was worth $100,000 in the next ten years.
And he did Rogoff told CNBC: “I believe that the value of Bitcoin will represent a very small fraction of what it is today in 10 years from now.” “Very few“.
He felt that the government policy would lead to a rise in lower prices, while acknowledging that expanding such films internationally would take time. And it is Rogoff soon returned In his previous statement, he admitted that he worked for Bitcoin Bitcoin in the middle of a global economy full of interest.
About this, Rogoff wrote in the new book Our Dollar, Your Problem: “I was very optimistic about the US that we will know about the control system of the intelligence control system.”.
He added: “I didn’t expect that management, especially top management, spend billions (if not billions) of dollars appearing without negative consequences, even though it is highly controversial.”.
For him, Balcho explained in contrast to the positions of Rogoff and Carvard today, that: No Bitcoin Sponsors Look Where “He feels good” To see this part of the establishment of institutions is one of these universities in the world.
The endowment, worth $443 million, represents about 0.75% of Harvard’s $57 billion endowment. however, expected Brief Analysis Ryan Rasmussen says that the 1% increase and eventually other large corporations enter the market.
Bitcoin is being raised by universities and pension funds
Harvard University has joined a growing group of organizations working to increase exposure to commercial vehicles.
Michigan State Retirement System Bitcoin Etf Services to 300,000 million shares of $ 13.4 million in ethescale ethereum.
As for the Wisconsin Investment Board, FHe has More than 6 million shares of Blackrock’s Bitcoin Trust, Valued at $387.3 million, making it one of the most valuable public funds related to Bitcoin.
Meanwhile, in 2024, at the University Exustor University It has raised $ 15 min mini reliance on Biyscale’s Billcoin Minity to declare money in Cryptocorcy-Traded (Crypto etfs).
The University of Austin is launching a $5m Bitcoin fund to support it. #Bitcoin #Luneirdicofasinnhttps://t.co/irookrr2bay
– Cryptows.com (@crytows) February 10, 2025
In addition to traditional universities, the University of Austin established a $5 million endowment fund for its housing fund in February, becoming the first US university fund to invest in large amounts.
At the moment, Canla capital says that the number of its customers is prilapic of the university related to 2018, while the first Cryptocorcy money-starting the first Bitcoin money.
Although they were responsible for the institution’s establishment, some of the money-making institutions are cautious. A loser to be careful Eswar Prasad, an economics professor at Cornell University, said that digital currencies are still… “Economics only rely on perfect ideas, and don’t give it away as something dangerous.”To say that his imitation goes beyond even destroying the most natural things.
Also, Brian at the University of Nebraska Foundation said at the time that he was not thinking about CryptoCRIes asset class. “Eligible for selling agencies“ Because of being the least among cartory managers.
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