Harvard just trimmed 21% of its Bitcoin position to rotate into Ethereum.
This is the same endowment that underperformed a 60/40 portfolio for twenty years and missed every major tech shift since the 90s.
Meanwhile, Italy’s largest bank, Intesa Sanpaolo, just disclosed a $100M Bitcoin position.
One institution is trading for the next quarter; the other is positioning for the next century.
Choose your signal wisely.
This is the same endowment that underperformed a 60/40 portfolio for twenty years and missed every major tech shift since the 90s.
Meanwhile, Italy’s largest bank, Intesa Sanpaolo, just disclosed a $100M Bitcoin position.
One institution is trading for the next quarter; the other is positioning for the next century.
Choose your signal wisely.
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