A Stanford Student-Run Fund’s Bitcoin ETF Investment Stirs Up a Buzz
In this edition of the Bloomberg Crypto newsletter, Hannah Miller heads back to school to get to the bottom of a buzzy Bitcoin ETF investment at Stanford University.
When Bitcoin reached a new all-time high on Tuesday, Stanford University sophomore Kole Lee penned a triumphant post on social-media platform X to announce that the student-run Blyth Fund had roughly 7% of its portfolio in Bitcoin following his February investment pitch. It caused quite a buzz, since it was believed at the time that the Blyth Fund was part of Stanford’s massive endowment.
