{"id":63766,"date":"2025-05-02T17:36:46","date_gmt":"2025-05-02T17:36:46","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=63766"},"modified":"2025-05-02T17:36:46","modified_gmt":"2025-05-02T17:36:46","slug":"brown-university-bought-and-owns-4-9-million-of-blackrocks-bitcoin-etf","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=63766","title":{"rendered":"Brown University Bought And Owns $4.9 million of BlackRock\u2019s Bitcoin ETF\u00a0"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Brown University Bought And Owns $4.9 million of BlackRock\u2019s Bitcoin ETF\u00a0<\/a><\/p>\n

<\/div>\n

According to a new SEC filing<\/a> today, Brown University, a private university based in Providence, Rhode Island, revealed a large position in BlackRock\u2019 spot Bitcoin ETF, IBIT, as first reported<\/a> by market analyst MacroScope. The position showed Brown held $4,915,050 in IBIT as of March 31, 2025, which sees the school become the third U.S. university to publicly announce a Bitcoin purchase after Emory & University of Austin (UATX), according<\/a> to VanEck\u2019s Matthew Siegel.<\/p>\n\n

\u201cIn a 13F filing this morning, Brown University reported owning 105,000 shares of the IBIT Bitcoin ETF as of March 31, valued at $4.9 million,\u201d MacroScope posted<\/a> to X. \u201cThis is a new position, which means it was acquired in January, February or March. The total value of all 14 positions in the filing is $216 million. This is an important one.\u201d<\/p>\n

A growing number of U.S. universities are signaling confidence in Bitcoin\u2019s<\/a> long-term potential by adding the digital asset to their endowment portfolios or academic programs. Previously, Emory University, and the University of Austin (UATX) have each disclosed Bitcoin-related initiatives, further validating the cryptocurrency\u2019s institutional appeal.\u00a0<\/p>\n

Emory University was the first to disclose its Bitcoin holdings, revealed in an October 25 SEC filing<\/a>, that it owned nearly 2.7 million shares of the Grayscale Bitcoin Mini Trust ETF, initially worth $15.1 million.\u00a0<\/p>\n\n

With Bitcoin<\/a> reaching all-time highs since purchasing, Emory\u2019s holdings may now exceed $21 million. Emory Investment Management (EIM) CIO Srinivas Pulavarti noted that the ETF conversion led to the public disclosure of their position.\u00a0<\/p>\n

\u201cThere are some risks with doing it yourself,\u201d said<\/a> Emory\u2019s Associate Professor of Accounting Matthew Lyle on buying the Bitcoin ETFs vs purchasing and holding the Bitcoin themselves. \u201cWhereas if you use a company like Grayscale or BlackRock to do it for you\u2026 it\u2019s unlikely that they\u2019re going to steal your money because they\u2019re well known.\u201d\u00a0<\/p>\n

In May 2024, the University of Austin also gained exposure to Bitcoin, by partnering with Bitcoin financial services firm Unchained to raise $5 million in Bitcoin for its endowment. \u201cI\u2019ve seen the values the organization places on free speech and on building a modern academic institution\u2026 and I\u2019m thrilled to play a role in helping the university make bitcoin a part of its long term strategy,\u201d stated<\/a> Unchained CEO Joseph Kelly, who donated 2 BTC to the campaign.\u00a0<\/p>\n

\u201cUniversity endowments are about serving students,\u201d added Thomas Hogan, incoming Associate Professor at UATX. \u201cAnd bitcoin provides a unique opportunity for advancing UATX\u2019s commitment to cultivating future generations of leaders and innovators.\u201d\u00a0<\/p>\n\n

This post Brown University Bought And Owns $4.9 million of BlackRock\u2019s Bitcoin ETF\u00a0<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Jenna Montgomery<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Brown University Bought And Owns $4.9 million of BlackRock\u2019s Bitcoin ETF\u00a0 According to a new SEC filing today, Brown University, a private university based in Providence, Rhode Island, revealed a large position in BlackRock\u2019 spot Bitcoin ETF, IBIT, as first reported by market analyst MacroScope. The position showed Brown held $4,915,050 in IBIT […]<\/p>\n","protected":false},"author":0,"featured_media":63767,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-63766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/63766"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63766"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/63766\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/63767"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}