Altcoins News

Story: Dartmouth’s Crypto ETF Portfolio Slides to $12.4M as Bitcoin, Ether, Solana All Fall

By Pankaj K

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Market Prices Did the Damage. Between March 31 and August 15, crypto markets took a hit across the board. Bitcoin fell roughly 7.

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Harvard Cut, Dartmouth Held. The contrast with Harvard is worth noting. Harvard Management Company actively reduced its crypto…

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What the Filing Doesn't Say. There's a lot the document leaves out. No commentary from endowment managers.

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Dartmouth College's crypto ETF stake shrank 15% in Q2. The Ivy League endowment ended June 30 at roughly $12.4 million across three U.S.-listed crypto funds — down from $14.

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That detail matters. The $2.2 million drop came purely from market moves, not from any portfolio decision.

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Between March 31 and August 15, crypto markets took a hit across the board. Bitcoin fell roughly 7.7% to around $62,976. Ether dropped about 10.7%, landing near $1,880.

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And the filing itself has limits. SEC Form 13F requires institutional managers with more than $100 million in qualifying assets to report certain long positions every quarter — U.

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The contrast with Harvard is worth noting. Harvard Management Company actively reduced its crypto ETF positions during Q1 2026, including cutting its BlackRock iShares Ethereum…

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Related: Bank Leumi and Galaxy Digital Team Up to Bring Bitcoin, Ether, and Solana to 25% of Israeli Crypto Users

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That kind of steady-hand approach is pretty much built into the ETF strategy Dartmouth chose.

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It's also worth remembering that Dartmouth was one of the first U.S. universities to publicly disclose digital asset exposure through ETFs, starting in 2025.

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There's a lot the document leaves out. No commentary from endowment managers. No stated rationale for holding through the Q2 dip.

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See also: Bitcoin Slides to $62,852 as Fidelity ETF Outflows Hit $131M in Two Days

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What it does show is that a $9 billion endowment chose not to move when crypto prices fell. That's a data point.

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The Bitwise Solana position is probably the most eyebrow-raising of the three. Solana staking ETFs are newer products, and Dartmouth's roughly $3.

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