TLDR
- Emory University has increased its holdings in the Grayscale Bitcoin Mini Trust ETF to over 1 million shares.
- The total value of Emory’s investment in the Grayscale Bitcoin Mini Trust ETF now stands at approximately $51.8 million.
- Emory University has doubled its position in the Bitcoin ETF by adding 487,636 shares, valued at around $25 million.
- Grayscale’s Bitcoin Mini Trust ETF offers a lower-cost option with a management fee of 0.15% compared to the original Grayscale Bitcoin Trust.
- Emory also holds 4,450 shares of BlackRock’s iShares Bitcoin ETF, valued at about $290,000.
Emory University has significantly boosted its investment in the Grayscale Bitcoin Mini Trust ETF. According to the latest Form 13F filing with the SEC, the university now holds over 1 million shares of the ETF. These shares are valued at approximately $51.8 million.
Emory University Strengthens Bitcoin Exposure with Grayscale ETF
Emory University has doubled its position in the Grayscale Bitcoin Mini Trust ETF since last quarter. The university added 487,636 shares, worth around $25 million. This move brings Emory’s total holdings in the ETF to over 1 million shares, reinforcing its commitment to Bitcoin exposure.
The Grayscale Bitcoin Mini Trust ETF launched in July 2024. It provides investors with an easy way to gain exposure to Bitcoin at a lower cost than the original Grayscale Bitcoin Trust (GBTC). Emory initially disclosed a $15 million stake in the ETF in October 2024.
The Grayscale Bitcoin Mini Trust ETF charges a 0.15% annual management fee. This makes it Grayscale’s least expensive Bitcoin fund, compared to the 1.5% fee for the original GBTC. The ETF was seeded by distributing 10% of GBTC’s Bitcoin holdings.
Despite the ETF’s relatively low cost, it has faced investor outflows. Grayscale’s Bitcoin ETFs lost $21.3 billion in 2024. This stands in contrast to the inflows seen by other Bitcoin ETFs, particularly BlackRock’s iShares Bitcoin ETFs, which attracted $48.7 billion in 2024.
Emory’s Holdings in BlackRock’s iShares Bitcoin ETF
In addition to the Grayscale Bitcoin ETF, Emory University also holds shares in BlackRock’s iShares Bitcoin ETF. The university owns 4,450 shares of the ETF, valued at about $290,000. This investment has remained unchanged since the second quarter of 2024.
BlackRock’s iShares Bitcoin ETFs have outperformed Grayscale’s funds. They accounted for 80% of total Bitcoin ETF inflows in 2024. These funds have continued to attract investor interest into 2025, with $37.4 billion in inflows so far.
While Grayscale’s Bitcoin ETFs have faced substantial outflows, they remain a key part of Emory University’s strategy. As of 2025, Grayscale’s Bitcoin ETFs have lost $2.5 billion. Despite these outflows, Grayscale’s products remain widely used by investors seeking Bitcoin exposure through regulated funds.


