Harvard Swaps Bitcoin for Ethereum
Harvard University’s shift from Bitcoin to Ether has put a spotlight on Ethereum’s growing appeal to large portfolios. The decision highlights a debate among allocators over whether protocol-level utility, programmability and potential staking income make ETH a more attractive strategic holding than a pure store-of-value like BTC.
The move matters because institutional reallocations can affect market sentiment and encourage peers — endowments, pensions and family offices — to reassess their crypto exposures. If more institutions prioritize utility and yield, that could deepen liquidity in ETH markets and validate diversification narratives within crypto allocations. Watch for follow-on reallocations, regulatory clarity around staking, and any noticeable BTC–ETH rebalancing flows.