Harvard endowment manager holds IBIT stake steady in Q2

Harvard Management Company, which manages Harvard University’s endowment, kept its holdings of BlackRock’s spot Bitcoin ETF IBIT unchanged at 3,044,612 shares in the second quarter, Nada News reported, citing a U.S. SEC 13F filing. According to the report, HMC cut its IBIT holdings by 21% in the fourth quarter of last year and by 43% in the first quarter of this year, but did not make additional sales in the second quarter.