Emory’s Bitcoin Bet: $52M and Counting! 💸

In a turn of events that would make even the most stoic of dons raise an eyebrow, Emory University has taken a leap into the digital abyss, doubling down on its Bitcoin wager with the enthusiasm of a man who’s just discovered the secret to eternal youth. 🧠💸

The university, a paragon of academic rigor, has boosted its holdings in Grayscale’s Bitcoin ETF to a staggering 1 million shares, valued at a cozy $51.8 million. One might say they’ve traded textbooks for blockchain, though the latter seems less likely to help with finals week. 📚➡️₿

Since Q2, Emory has added 487,636 shares-enough to fund a small island nation’s crypto venture. A bold move, akin to betting the farm on a horse named “Satoshi.” 🐎🔥

Emory became the first US university to flaunt its Bitcoin ETF holdings in October 2024, initially splurging $15 million on Grayscale’s Bitcoin Mini Trust. A humble beginning, if one ignores the fact that $15 million could buy a lot of coffee. ☕

Bitcoin ETF versus Bitcoin Mini Trust ETF

Grayscale’s Bitcoin Mini Trust ETF, trading under the ticker BTC, is a spinoff of its original GBTC ETF-think of it as the younger, cheaper sibling. While GBTC charges a 1.5% annual fee (a steep price to pay for the privilege of owning Bitcoin), the Mini Trust offers a “low-cost” 0.15% fee. A deal so good, it’s practically a miracle. 🤯

In a move that would make even the most frugal accountant weep, Emory also holds 4,450 shares of BlackRock’s iShares Bitcoin ETF (IBIT), valued at $290,000. A modest addition, but one that suggests the university is hedging its bets like a gambler with a PhD. 🎲

Grayscale’s Bitcoin ETFs have faced the largest investor outflows among BTC ETFs, losing over $21.3 billion in 2024. A financial hemorrhage that would make a vampire blush. 🧛‍♂️

Meanwhile, BlackRock’s iShares Bitcoin ETFs have been the darlings of the market, snagging 80% of total Bitcoin ETF inflows last year-$48.7 billion, to be precise. A triumph so grand, it’s practically a Nobel Prize for finance. 🏆

In 2025, Grayscale’s Bitcoin ETFs have seen $2.5 billion in outflows, while iShares Bitcoin ETFs have attracted $37.4 billion. A tale of two funds, one dancing in the spotlight, the other hiding in the shadows. 🌟🌑

Read More

2025-11-13 14:59