Both Harvard and Brown Universities have invested in Bitcoin and gold in recent months, according their Securities and Exchange Commission (SEC) filings. Yale, the other Ivy League establishment filing significant 13F holdings, has most of its funds invested in a S&P market tracker.
Harvard and Brown Embrace Bitcoin and Gold ETFs with $240 Million Investment

The SEC requires institutional investment managers to publicly disclose their holdings of certain US publicly traded securities if they exceed $100 million. Harvard and Brown have the most diverse funds of their peers.
In their latest filings, Harvard has reported that it has invested $116 million in BlackRock's iShares Bitcoin Trust Exchange-Traded Fund (IBIT), while Brown has $13 million in the fund.
In addition, they have both bought shares in the SPDR Gold ETF: Harvard has $100m and Brown has $12 million.
Solid investments
ETFs provides investors exposure to assets, in this case Bitcoin and gold, without directly owning or managing them.
Both institutions have selected the same major ETFs for their investments.
IBIT, which uses Coinbase as its custodian, is the largest Bitcoin ETF. According to the VettaFi ETF Database ranking, it has $85 billion of assets. For context, the Fidelity Wise Origin Bitcoin fund, at number two, has $32 billion.
The SPDR Gold ETF is issued by the World Gold Council. It is second on the list of all US ETFs, with assets of nearly $104 billion, again according to VettaFi.
Storing wealth
Gold has been a used as a safe place to store wealth, particularly in turbulent times, for thousands of years.
Some now view cryptocurrencies, particularly Bitcoin, in the same way, a trend that may be impacting the volume of assets under management in IBIT.
Neither Harvard nor Brown has commented on their new investments.