Dartmouth University's endowment saw its crypto investments decrease by $2 million. Holdings in Bitwise Solana, Grayscale Ethereum, and BlackRock Bitcoin ETFs now total around $12 million, reflecting recent market price drops across digital assets.
Dartmouth University's endowment experienced a $2 million drop in the value of its cryptocurrency holdings. The university's investments, which include positions in the Bitwise Solana staking exchange-traded fund, the Grayscale Ethereum staking exchange-traded fund, and BlackRock's iShares Bitcoin exchange-traded fund, are now valued at approximately $12 million. This decline comes as digital asset prices have recently fallen across the broader market. Endowments like Dartmouth's often invest in various asset classes, including new and emerging ones like crypto, to diversify portfolios and seek growth opportunities.
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