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Brown University has entered the Bitcoin market with a $4.9 million investment in BlackRock’s iShares Bitcoin Trust (IBIT). This move highlights a growing trend of traditional institutions embracing regulated crypto exposure.
- Brown University invested $4.9M in BlackRock’s IBIT, marking its first Bitcoin exposure via a regulated ETF.
- BlackRock’s IBIT holds 576,038 BTC ($47.78B in assets) and is a preferred institutional entry point for crypto.
- Other universities like Austin, Stanford, and Emory are also adopting Bitcoin, signaling a shift in endowment strategies.
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