Are There Problems With Universities Buying Crypto?

A quiet shift is underway in institutional finance: university endowments are quietly adding exposure to Bitcoin and other digital assets within their endowment portfolios. Brown University reportedly allocated approximately $4.9 million to BlackRock’s iShares Bitcoin Trust ETF. Emory University disclosed holdings in the Grayscale Bitcoin Trust ETF. The University of Austin launched a $5 million Bitcoin-focused fund, and Stanford University’s student-run Blyth Fund has allocated a portion of its assets to the asset class. In years past, other institutions—including MIT, Harvard, and Yale—reportedly gained crypto exposure through…

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