Ethereum price fell back below $2,000 as the cryptocurrency market faced a pullback. Crypto coins struggled to hold onto their recent gains, with Bitcoin price dropping below a key support level, stabilizing around $6,800.
The general crypto market experienced a dip of 2.18%, which has reduced the total market value to 2.35 trillion. The Harvard University is shifting its focus away from Bitcoin and towards Ethereum ETFs, which is now placing a stronger emphasis on the potential of Ethereum.
Harvard Shifts Crypto Strategy, Moves from Bitcoin to Ethereum ETF
Harvard Management Co (HMC), which handles the endowment of Harvard University, has strategically changed its cryptocurrency portfolio.
According to a recent filing, the company sold 1.48 million shares of the BlackRock Bitcoin ETF (IBIT), cutting its holdings by 21%. This move cut their exposure by half to 265.8 million in the fourth quarter of 2025.
Harvard has concurrently invested in Ethereum ETF (ETHA) by BlackRock to the tune of $86.8 million. This development is correlated with other trends in institutional crypto investment as Ethereum gains the interest of investors.
🏛️ HARVARD ROTATES FROM BITCOIN TO ETHEREUM
🇺🇸 New filings show HARVARD cutting 21% of its Bitcoin ETF to buy $87 million in Ethereum ETF.$BTC $ETH pic.twitter.com/qhqjmzRHrI
— BMNR Bullz (@BMNRBullz) February 16, 2026
By the end of the quarter, Harvard had a total crypto portfolio of $352.6 million. As there is increased interest in Ethereum, there are increasing worries regarding the future performance of Bitcoin in the context of market volatility.
This change could signal a larger institutional trend toward diversifying crypto assets, with Ethereum becoming a prominent contender.
Ethereum Spot ETFs See $161 Million in Net Outflows This Week
Ethereum spot ETFs faced a net outflow of $161 million this week. BlackRock ETF, ETHA, recorded the highest outflow of $113million, and its historical net inflows stood at 119.8billion. Fidelity ETF, FETH, had a withdrawal of $40.75 million in its ETF, even though the overall inflows to it are 2.47 billion.
At the same time, the Ethereum Mini Trust, $ETH, by Grayscale had the largest net inflow, with a net inflow of $49.9 million to add to its historical net inflow of $1.71 billion. Ethereum spot ETFs have a net asset value of 11.72.
Ethereum Price Outlook: Will Ether Hold Above $1,900 or Fall Lower?
At the time of writing, the ETH price crashed to $1969, after a slight market consolidation. The Moving Average Convergence Divergence indicates a bearish movement.
This downward trend is also evident in the histogram, with the red bars prevailing over the graph. The MACD line is lower than the signal line, indicating a continued fall
In case Ethereum price falls below $1,900, the other possible support might be at around the $1,800 level. On the other hand, if the future Ethereum outlook manages to push above $2,100, it could aim for higher levels around $2,200.
To sum up, the transition to Ethereum by Harvard and the dynamic nature of ETFs imply a greater institutional interest. However, Ethereum has a bright future, should it not fall below the support levels despite the fluctuations witnessed in the recent markets.