Brown University With $7.2 Billion Endowment Buys 105,000 Shares Worth $4.9 Million in BlackRock's IBIT Bitcoin ETF

Brown University, an Ivy League institution with a $7.2 billion endowment, disclosed a new position of 105,000 shares valued at $4.9 million in the IBIT Bitcoin ETF as of March 31. This acquisition, made in the first quarter of 2025, marks Brown University as the third U.S. college to invest in Bitcoin through an exchange-traded fund. The IBIT Bitcoin ETF is managed by BlackRock, highlighting growing institutional adoption of Bitcoin assets among university endowments.

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