According to a new SEC filing today, Brown University, a private university based in Providence, Rhode Island, revealed a large position in BlackRock’ spot Bitcoin ETF, IBIT, as first reported by market analyst MacroScope. The position showed Brown held $4,915,050 in IBIT as of March 31, 2025, which sees the school become the third U.S. university to publicly announce a Bitcoin purchase after Emory & University of Austin (UATX), according to VanEck’s Matthew Siegel.

“In a 13F filing this morning, Brown University reported owning 105,000 shares of the IBIT Bitcoin ETF as of March 31, valued at $4.9 million,” MacroScope posted to X. “This is a new position, which means it was…

Read more on BitcoinMagazine