Bitcoin’s March to reclaim The milestone of $ 120,000 wins again with a Combination of tightening supply And interesting events around the world.
Harvard University recently unveiled his allocation of $ 116.6 million to BlackRock’s IBIT Bitcoin ETF. In the meantime, El Salvador Bitcoin-oriented investment banks welcomes, while the delays of the regulatory authorities have on hold the first crypto-etf in Japan.
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El Salvador opens the door to Bitcoin investment banks
El Salvador has adopted a historical investment bank law that can keep regulated investment banks, which can keep differences from commercial lenders, Bitcoin and other digital assets on their balance. These institutions will serve exclusively to advanced investors and must have a license for digital assets service provider and at least $ 50 million in starting capital.
The law, which was approved on Thursday, effectively paves the way for banks to choose to fully operate as Bitcoin banks. Government officials say that the framework has been designed to attract foreign capital and to strengthen the status of the country as a crypto -financial hub. However, critics warn that the benefits can largely prefer rich institutions over everyday Salvadorans.
This step comes when Japan’s accession in the Bitcoin ETF market is stopped. While Bitcoin ETFs in the US make terrain with inflow and jurisdiction such as El Salvador, Japan is still the home of a place Bitcoin ETF.
There were Multiple reports this week About the Japanese SBI holdings those place questions for spot crypto ETFs. However, the company has clarified that it has not yet submitted applications for crypto-related ETFs. Nevertheless, in its Q2 2025 WinSt report, the company has noted that it is planning to launch crypto-asset-led investment trusts and ETFs upon approval of the regulations.
Harvard University connects more than $ 116 million to Bitcoin ETF
Institutional faith in Bitcoin got a big boost with Harvard University’s decision to invest $ 116.6 million in BlackRock’s Ibit Spot Bitcoin ETF. This interesting investment was revealed In a recent application With the US Securities and Exchange Commission by the Harvard Management Company.
This considerable position elevates Bitcoin to a prominent role within the Harvard stock portfolio, which is a remarkable shift in his investment choices, especially after her decision last quarter to reduce exposure to various large Big Tech shares. According to the submission, the donation has purchased 1.9 million shares from Ishares Bitcoin Trust, worth $ 116.6 million. Bitcoin places this value as the fifth largest holding in Harvard’s stock portfolio behind Microsoft, Amazon, Booking holdings and Meta.
Harvard’s allocation is closely involved Investment trends in the USBecause the US spotting Bitcoin ETFs, since their launch at the beginning of 2024, have put on more than $ 54 billion in inflow.
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The move comes at a time when the liquidity is tightened on large exchanges and it has contributed to a increase in bullish sentiment surrounding Bitcoin.
At the time of writing, Bitcoin acts at $ 118,320, an increase of 4% in the last seven days.
Featured image of Unsplash, graph of TradingView