Dartmouth endowment’s crypto exposure drops by $2M amid falling prices
The value of the university endowment’s holdings in the Bitwise Solana staking ETF, Grayscale Ethereum staking ETF and BlackRock’s iShares Bitcoin ETF dropped to about $12 million.
Dartmouth College's $9 billion endowment saw a $2 million reduction in crypto-related investments over the past three months, according to a report filed with the U.S. Securities and Exchange Commission. As of June 30, the endowment held approximately $12.4 million worth of the Bitwise Solana staking ETF, the Grayscale Ethereum staking ETF, and BlackRock's iShares Bitcoin ETF.
This represents a 15% decrease from the endowment's value of $14.6 million as of March 31, which aligns with the declining prices of Bitcoin, Solana, and Ether. Since joining the crypto space in 2025, Dartmouth became one of the first U.S. universities to invest in digital assets. Harvard, with a much larger $57 billion endowment, had not disclosed its latest holdings as of Friday, but it reported liquidating its entire $87 million stake in BlackRock's iShares Ethereum as of March 31.
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