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Assessing BlackRock (BLK) Valuation As Harvard Shifts Crypto Exposure Toward Ethereum ETFs

Assessing BlackRock (BLK) Valuation As Harvard Shifts Crypto Exposure Toward Ethereum ETFs

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Harvard Management Company’s latest filing shows a clear shift inside BlackRock (BLK) linked crypto products, with a reduced position in its bitcoin ETF and a sizable new allocation to the firm’s Ethereum focused fund.

See our latest analysis for BlackRock.

BlackRock’s crypto pivot is landing at a time when its shares trade at US$1,071.51, with a 1 day share price return of 1.50% but a 30 day share price return showing a 7.88% decline, while a 1 year total shareholder return of 12.28% and 3 year total shareholder return of 60.84% point to stronger longer term momentum.

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