Crypto Investments

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Harvard University's endowment has reduced its bitcoin holdings while purchasing shares in a BlackRock ether ETF. Analysts attribute the move to portfolio rebalancing amid volatility and liquidity needs rather than a shift away from crypto. The actions signal growing institutional interest in assets beyond bitcoin.

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Italian banking giant Intesa Sanpaolo has revealed holdings of nearly $100 million in bitcoin exchange-traded funds through a recent regulatory filing. The disclosure also includes a significant put option position on Strategy shares and smaller stakes in crypto-related companies. This marks a notable expansion in the bank's cryptocurrency exposure.

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