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Emory University has made headlines by becoming the first college endowment to report holdings in a Bitcoin exchange-traded fund (ETF). 
According to a regulatory <a href="https://www.sec.gov/Archives/edgar/data/1377635/000137763524000025/xslForm13F_X02/usethisfile13F.xml" target="_blank" rel="noreferrer noopener nofollow">filing</a> dated October 25, Emory University has over 2.7 million shares of the Grayscale Bitcoin Mini Trust (GBTC), worth around $15.1 million. 
Balchunas referenced the quarterly public disclosures required of large U.S. investment managers, “With that every institution type is now represented in the btc etf 13Fs (endowment, bank, HF, Ins Co, Advisor, Pension, PE, Holding Co, Vc, Trust, Family Office, Brokerage).” 
Since January, the emergence of Bitcoin ETFs has played a critical role in establishing Bitcoin as a genuine asset class. This breakthrough has spurred considerable interest among institutional investors, as seen by recent filings from additional organizations. 
For example, the State of Michigan Retirement System reported a holding in ARK 21Shares’ spot Bitcoin ETF worth approximately $6.6 million, demonstrating that even larger entities are considering cryptocurrency investments. 
In 2024, cryptocurrency funds substantially impacted the ETF industry, accounting for 13 of the top 25 ETF launches by inflows through August. In particular, Bitcoin has dominated the market, with six of the top ten successful ETF launches this year.&nbsp; 
Furthermore, numerous Ether ETFs established in July have <a href="https://www.cryptotimes.io/2024/07/13/spot-bitcoin-etfs-see-highest-inflows-on-july-12/" target="_blank" rel="noreferrer noopener">generated more than $1 billion in net inflows.</a> 
The success of the Bitcoin ETF market has spurred issuers to consider ETFs for other cryptocurrencies, such as Solana and XRP. In July, the Cboe sought regulatory clearance for VanEck and 21Shares’ planned Solana ETFs. 
Meanwhile, Canary Capital and Bitwise proposed XRP ETFs in October, indicating that institutional investors are becoming more interested in varied crypto assets. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/10/19/bitcoin-etfs-see-2-billion-inflow-following-options-trading-approval/" target="_blank" rel="noreferrer noopener">Bitcoin ETFs See $2 Billion Inflow Following Options Trading Approval</a> 
</blockquote>

Emory University Becomes First College with Bitcoin ETF Holdings

The Crypto Times

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