Harvard Endowment Dumps BTC for ETH

This marks a significant departure from the "Bitcoin Maxima" sentiment that dominated the 2024–2025 cycle.

A fresh analysis of institutional filings on February 16, 2026, reveals a startling trend: the fund associated with Harvard University has reduced its Bitcoin exposure by 21% while simultaneously increasing its Ethereum (ETH) holdings to over $87 million.

The narrative crisis

This rotation is happening against a backdrop of a broader institutional exodus. Global crypto ETPs (Exchange Traded Products) have seen a record $3.7 billion in net outflows over the past month.

Bloomberg analysts suggest a "narrative crisis" for Bitcoin, noting its failure to track the recent rally in physical gold. As Bitcoin struggles to hold the $65,000–$70,000 consolidation zone, the smart money seems to be betting on Ethereum’s utility, specifically targeting the upcoming "Glamsterdam" upgrade as a catalyst for a technical decoupling.

The agentic future

The logic behind the move is clear: institutional investors are looking for "Yield and Utility." While Bitcoin remains a passive store of value, Ethereum is being positioned as the foundational layer for the "Agentic Economy" — where AI agents utilize decentralized protocols for non-custodial transactions.

The Harvard pivot suggests that the next phase of the bull market won't be driven by the strategic reserve hype, but by the actual on-chain economy. If this trend continues, we may see a historic shift in the ETH/BTC ratio as the market prioritizes the "World Computer" over the "Digital Store of Value."

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.