Ivy League Dartmouth College’s $9 billion endowment has announced new investments with exposure to cryptocurrencies, increasing the digital assets in its portfolio since January.
In a filing Thursday with the U.S. Securities and Exchange Commission (SEC), Dartmouth College administrators reported that the university’s endowment held approximately $3.3 million of the Bitwise Solana staking exchange-traded fund (ETF).
The administrators also disclosed approximately $3.5 million from the Grayscale Ethereum staking ETF and approximately $7.7 million from BlackRock’s iShares Bitcoin ETF.
The investments changed the endowment’s crypto exposure from that reported in January, when the same number of shares in BlackRock’s Bitcoin ETF were worth more than $10 million and he held about $5 million in the Grayscale Ethereum Mini Trust ETF.
Source: SECOND
Dartmouth’s initial crypto exposure, which it said it purchased in 2025, marked a new U.S. university endowment moving closer to digital assets. Harvard, with an estimated endowment of around $57 billion in 2025, holdings reported in BlackRock’s iShares Bitcoin Trust and Ethereum Trust in January.
Related: JPMorgan increases exposure to Bitcoin ETFs in Q1, led by BlackRock’s IBIT
The SEC first approved the registrations of bitcoin-related spot ETFs in January 2024, including BlackRock’s iShares Bitcoin Trust and the Bitwise Bitcoin ETF. The regulator has since given the green light to ETFs linked to Ether, Solana, Dogecoin, XRP and is considering other applications.
Bitcoin ETFs See Largest Daily Outflow Since January
SEC filing came shortly after ETFs linked to Bitcoin recorded $635.2 million in daily outflowsmarking the largest increase since January. On January 29, the funds lost more than 800 million dollarsled by losses at BlackRock’s iShares Bitcoin Trust.
Bitcoin’s price was at $81,237 at press time, having increased by around 2% over the previous 24 hours, tapping into the 200-day exponential moving average (EMA), a dynamic support level.
However, despite the rally, BTC price remains well below the 365-day EMA and the all-time high of around $126,000 reached in October 2025.
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