Brown University has informed the SEC of its substantial investment in BlackRock's Bitcoin ETF, IBIT, amounting to nearly $5 million as of March 31, 2025. This positions Brown as the third American university to disclose Bitcoin assets, following Emory University and the University of Austin. Both prior institutions have showcased Bitcoin's growing acceptance in higher education, with Emory's holdings reportedly increasing in value due to Bitcoin's price surge. The trend highlights an increasing confidence from educational institutions in the potential benefits of cryptocurrency investments.
Brown University has acquired $4.9 million in the BlackRock spot Bitcoin ETF, marking its entry into Bitcoin investments alongside other U.S. universities.
This move positions Brown University as the third U.S. university to invest in Bitcoin assets, reflecting growing institutional confidence in cryptocurrencies.
Earlier, Emory University revealed owning nearly 2.7 million shares of the Grayscale Bitcoin Mini Trust ETF, which is valued significantly higher now due to Bitcoin's price rise.
The trend among universities indicates a broader acceptance of Bitcoin, as more institutions explore its potential in endowment portfolios and educational initiatives.
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