Dartmouth Endowment’s Crypto Exposure Drops by $2M Amid Falling Prices
Dartmouth College's $9 billion endowment has seen a $2 million drop in its crypto-related investments over the past three months. The university's holdings in the Bitwise Solana staking ETF, Grayscale Ethereum staking ETF, and BlackRock's iShares Bitcoin ETF have decrease…
Intelligence analysis by Llama

Dartmouth College's endowment has seen a $2 million drop in its crypto-related investments over the past three months, with the value of its holdings in the Bitwise Solana staking ETF, Grayscale Ethereum staking ETF, and BlackRock's iShares Bitcoin ETF decreasing due to falling crypto prices.
Imagine you invested in a special kind of money called crypto. The value of this money can go up and down really fast. Dartmouth College, a big university, invested in some of this money, but the value went down by $2 million. This is a big deal because it shows how quickly the value of crypto can change.
Analysis
Dartmouth's Crypto Exposure: A $2 Million Drop Amid Falling Prices
Dartmouth College's $9 billion endowment has seen a significant drop in its crypto-related investments over the past three months. The university's holdings in the Bitwise Solana staking ETF, Grayscale Ethereum staking ETF, and BlackRock's iShares Bitcoin ETF have decreased in value due to falling crypto prices. This development is noteworthy as it highlights the volatility of crypto investments and the potential risks associated with them.
The value of the university endowment's holdings in the Bitwise Solana staking ETF, Grayscale Ethereum staking ETF, and BlackRock's iShares Bitcoin ETF dropped to about $12 million as of June 30. This represents a 15% decrease from the $14.6 million reported as of March 31. The drop in value roughly corresponded to falling crypto prices tied to each ETF. Since March 31, the price of Bitcoin (BTC) fell 7.7% to $62,915, Solana (SOL) by 9.6% to $75.11, and Ether (ETH) by 10.8% to $1,875.
Dartmouth reported adding crypto exposure to its endowment's portfolio in 2025, making it one of the first US universities to invest in digital assets. Harvard, with a $57 billion endowment, had not disclosed its second-quarter 2026 holdings as of Friday, but reported liquidating the entirety of its $87 million worth of BlackRock's iShares Ethereum as of March 31.
This development is significant as it highlights the potential risks associated with crypto investments. The volatility of crypto markets can result in significant losses for investors, and it is essential for institutions and individuals to carefully consider the risks before investing in digital assets.
Implications for Crypto Investors
The drop in value of Dartmouth's crypto-related investments highlights the importance of diversification and risk management in crypto investing. Investors should carefully consider the potential risks associated with crypto investments and ensure that they have a well-diversified portfolio to minimize potential losses.
Conclusion
In conclusion, the drop in value of Dartmouth's crypto-related investments is a significant development that highlights the volatility of crypto markets and the potential risks associated with them. Investors should carefully consider the potential risks and ensure that they have a well-diversified portfolio to minimize potential losses.
Key points
- Dartmouth College's $9 billion endowment has seen a $2 million drop in its crypto-related investments over the past three months.
- The university's holdings in the Bitwise Solana staking ETF, Grayscale Ethereum staking ETF, and BlackRock's iShares Bitcoin ETF have decreased in value due to falling crypto prices.
- Dartmouth reported adding crypto exposure to its endowment's portfolio in 2025, making it one of the first US universities to invest in digital assets.
If the crypto market continues to recover, Dartmouth's endowment may see an increase in the value of its crypto-related investments. This could lead to a positive outcome for the university and its investors.
However, if the crypto market continues to decline, Dartmouth's endowment may see further losses in the value of its crypto-related investments. This could lead to a negative outcome for the university and its investors.



