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Brown University Buys Bitcoin
In a significant move towards institutional adoption of cryptocurrencies, Brown University has decided to purchase Bitcoin through the Invesco Bitcoin Strategy ETF (IBIT). According to reports, the university’s endowment is diversified across various assets, including private equity, fixed income, real estate, and short-term investments.
The decision by Brown University to buy Bitcoin via IBIT demonstrates the growing interest in digital currencies among institutional investors. The university’s endowment has a total value of $728 million, which it grew at an impressive 11.3% in 2025 alone. This significant growth is expected to continue as more institutions explore cryptocurrency investments.
IBIT, which tracks the price of Bitcoin, has seen massive inflows in recent days, with nearly $1 billion being invested in a single day on April 28. The ETF’s assets now stand at an astonishing $58.7 billion.
The CIA recently emphasized that Bitcoin is here to stay and offers significant potential for investors, even if it crashes to as low as $300. This sentiment has been echoed by numerous experts in the cryptocurrency space, who believe institutional investment will be a key driver of growth.
Brown University’s decision to invest in IBIT underscores the growing recognition of cryptocurrencies as a viable asset class among institutions. It is essential for investors to perform their own research and consult with financial advisors before making any decisions involving cryptocurrencies or other investments that involve risk.
U.Today does not recommend investing money you cannot afford to lose, but we also believe it’s crucial to stay informed about the rapidly evolving cryptocurrency landscape.
Source: https://u.today/brown-university-buys-bitcoin
