Harvard University Liquidates Ethereum ETF, Abu Dhabi's Mubadala Boosts IBIT by $90M

According to The Block, Harvard University’s endowment liquidated its iShares Ethereum ETF holdings during the first quarter of 2026, while cutting its Bitcoin Trust (IBIT) position by 43% to 3,044,612 shares valued at approximately $117 million, down from 5.35 million shares at the end of 2025. The university no longer holds IBIT as its largest cryptocurrency position.

In contrast, Abu Dhabi’s sovereign wealth fund Mubadala increased its IBIT holdings to 14,721,917 shares from 12,702,323 shares, adding over $90 million in new positions with a total portfolio value near $660 million. Meanwhile, Canada’s Royal Bank expanded its IBIT direct holdings and deployed additional put and call options for hedging purposes.