Dartmouth's endowment fund disclosed approximately $14 million in crypto ETF holdings, and the portfolio includes not just IBIT but also ETH staking ETFs and Solana staking ETFs. The key takeaway here isn't the size of the amount, but the fact that the allocation has expanded from BTC to ETH, SOL, and staking yields. Institutional money usually doesn’t dive in all at once—it starts by using ETFs to address compliance and custody issues, then gradually broadens the asset spectrum. For the market, this is more worth watching than daily price swings: if traditional capital starts treating crypto as part of a portfolio asset rather than just a trading theme, the valuation logic will slowly shift.