Harvard University holds $1.17 billion worth of the BlackRock Bitcoin spot ETF.

According to The Block, documents submitted on Friday show that Harvard University's investment portfolio holds $117 million worth of shares in the BlackRock Bitcoin ETF as of the end of the second quarter. Harvard University's investment in this Bitcoin fund is its fifth largest investment, slightly higher than its investment in Google's parent company, Alphabet. The documents show that as of the end of the quarter, Harvard University held nearly $114 million worth of Alphabet stocks.