In line with a brand new SEC filing at this time, Brown College, a non-public college based mostly in Windfall, Rhode Island, revealed a big place in BlackRock’ spot Bitcoin ETF, IBIT, as first reported by market analyst MacroScope. The place confirmed Brown held $4,915,050 in IBIT as of March 31, 2025, which sees the varsity change into the third U.S. college to publicly announce a Bitcoin buy after Emory & College of Austin (UATX), according to VanEck’s Matthew Siegel.
“In 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,” MacroScope posted to X. “This 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.”
A rising variety of U.S. universities are signaling confidence in Bitcoin’s long-term potential by including the digital asset to their endowment portfolios or educational applications. Beforehand, Emory College, and the College of Austin (UATX) have every disclosed Bitcoin-related initiatives, additional validating the cryptocurrency’s institutional enchantment.
Emory College was the primary to reveal its Bitcoin holdings, revealed in an October 25 SEC filing, that it owned practically 2.7 million shares of the Grayscale Bitcoin Mini Belief ETF, initially price $15.1 million.
With Bitcoin reaching all-time highs since buying, Emory’s holdings could now exceed $21 million. Emory Funding Administration (EIM) CIO Srinivas Pulavarti famous that the ETF conversion led to the general public disclosure of their place.
“There are some risks with doing it yourself,” said Emory’s Affiliate Professor of Accounting Matthew Lyle on shopping for the Bitcoin ETFs vs buying and holding the Bitcoin themselves. “Whereas if you use a company like Grayscale or BlackRock to do it for you… it’s unlikely that they’re going to steal your money because they’re well known.”
In Could 2024, the College of Austin additionally gained publicity to Bitcoin, by partnering with Bitcoin monetary providers agency Unchained to boost $5 million in Bitcoin for its endowment. “I’ve seen the values the organization places on free speech and on building a modern academic institution… and I’m thrilled to play a role in helping the university make bitcoin a part of its long term strategy,” stated Unchained CEO Joseph Kelly, who donated 2 BTC to the marketing campaign.
“University endowments are about serving students,” added Thomas Hogan, incoming Affiliate Professor at UATX. “And bitcoin provides a unique opportunity for advancing UATX’s commitment to cultivating future generations of leaders and innovators.”
| CoinFN
