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Dartmouth Endowment Fund discloses approximately $14 million in crypto ETF holdings, including not only IBIT but also ETH staking ETFs and Solana staking ETFs.
The focus of this news is not how large the amount is, but that the allocation scope has expanded from BTC to ETH, SOL, and staking yields.
Institutional funds usually do not enter all at once; they first use ETFs to address compliance and custody issues, then gradually broaden their asset spectrum.
For the market, this is more worth watching than daily price fluctuations: if traditional funds start treating crypto as a portfolio asset rather than a trading theme, valuation logic will slowly change.