Institutional investors like Harvard are actively reducing crypto ETF positions, signaling decreased confidence in digital assets.
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction.
Still mostly niche and specialist coverage — not yet picked up broadly by mainstream press.
"BlackRock's spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) recorded more than $90 million in combined net outflows over the last five trading sessions, adding to signs of weakening institutional demand for cryptocurrencies."
"Harvard Management Company eliminated its BlackRock iShares Ethereum Trust holding during the first quarter... Harvard also reduced its BlackRock Bitcoin ETF position from 5,353,612 shares at the end of 2025 to 3,044,612 shares on March 31."
"Bitcoin ETFs shedding around $40 billion in assets under management, from more than $116.7 billion to around $95.5 billion. Harvard University, for example, reduced its IBIT position by 43% during the first quarter."