Ivy League Money Buys Bitcoin And Ethereum: Dartmouth Discloses IBIT, ETH Mini Stakes
Dartmouth College, through the Trustees of Dartmouth College, disclosed a brand new place in BlackRock’s iShares Bitcoin Trust ETF (IBIT), reporting 201,531 shares value $10,006,014 as of Dec. 31, 2025, based on a Form 13F filed on Jan. 14. The identical submitting additionally exhibits a contemporary allocation to the Grayscale Ethereum Mini Trust, a uncommon double-print of BTC and ETH publicity inside an Ivy League endowment’s public fairness e book.
Dartmouth’s Endowment Adds Bitcoin And Ethereum
Crypto market observers flagged the disclosure instantly. MacroScope, an analyst account that tracks institutional positioning, framed the submitting as a significant sign from the endowment complicated: “Very vital submitting right this moment. In a 13F, Dartmouth College reported proudly owning 201,531 shares of IBIT as of December 31, valued over $10 million. It additionally reported proudly owning 178,148 shares of Grayscale Ethereum Mini valued at $4.9 million.”
The SEC submitting supplies the exact marks. Dartmouth’s Grayscale Ethereum Mini Trust stake was listed at $4,998,833 for 178,148 shares at quarter-end, inserting the mixed Bitcoin and Ethereum allocations at roughly $15.0 million of reported 13F holdings.
In the context of Dartmouth’s disclosed 13F portfolio, crypto stays a slice quite than a core. The submitting’s abstract web page lists a “Form 13F Information Table Value Total” of $393,306,686 throughout 9 positions. On that math, IBIT represents about 2.5% of the reported e book, with the Ethereum Mini place including roughly 1.3%.
The remainder of the holdings learn like a conventional endowment liquid sleeve. Dartmouth’s largest place was SPDR S&P 500 ETF Trust at $227,897,664, alongside sizable allocations to rising markets (iShares Core MSCI Emerging Markets at $50,043,811), a quality-factor ETF (GMO US Quality at $42,153,006), and a worth ETF (Vanguard Value at $34,807,928).
Notably, neither IBIT nor the Grayscale Ethereum Mini Trust appeared in Dartmouth’s prior 13F for the quarter ended Sept. 30, 2025, supporting the declare that each positions had been new additions heading into year-end.
Notably, Dartmouth just isn’t the primary campus allocator to route crypto publicity via the ETF wrapper. Brown University disclosed a brand new IBIT place in its March 31, 2025 13F, 105,000 shares valued round $4.9 million, the college’s “first foray” into spot bitcoin ETF possession that quarter.
Emory University moved earlier. In an October 2024 disclosure, the Atlanta-based college reported placing $15.8 million from its endowment right into a publicly traded bitcoin ETF, with the submitting exhibiting roughly 2.7 million shares of Grayscale’s Bitcoin Mini Trust.
And on the different finish of the spectrum sits Harvard’s endowment manager. Harvard Management Co.’s public-equities 13F for the quarter ended Sept. 30, 2025 confirmed IBIT as its largest reported place, 6,813,612 shares value about $442.9 million on the submitting’s valuation marks.
At press time, Bitcoin traded at $96,284.
