Bitcoin News Today: Harvard Tripled Bitcoin ETF Stake, Signals Market Stability

Bitcoin ETFs' Five-Day Losing Streak Finally Comes To An End As BTC Returns Above $92,000

Bitcoin (BTC) closed above $92,000 on November 19, 2025, ending a five-day losing streak as investor sentiment stabilized following a blockbuster earnings report from Nvidia Corp.. The price rebound, which pushed BTC above $91,000 after a brief dip below $88,000, marked a critical turning point for crypto markets, which had been reeling from weeks of sharp sell-offs and record outflows from Bitcoin exchange-traded funds.

The recovery came amid a broader market recalibration. U.S. Bitcoin ETFs, which had suffered their third consecutive week of outflows totaling $3.2 billion, saw a pause in redemptions as institutional and retail investors reassessed positioning. BlackRock's IBIT, the largest spot Bitcoin ETF, recorded a record $463 million outflow on November 14 but has since stabilized, with net outflows for the week at $1.1 billion-the fourth-largest weekly outflow on record. Meanwhile, Bitcoin's price stabilized near $95,740, offering a reprieve from a 30% decline since its October peak of $126,000.

Institutional confidence, however, remained a bright spot. Harvard University's endowment tripled its stake in BlackRock's IBIT, holding 6.8 million shares worth $442.8 million as of September 30-now its largest publicly disclosed position. The move, a 257% increase from prior holdings, underscores growing institutional acceptance of Bitcoin as a diversification tool. Bloomberg ETF analyst Eric Balchunas called the investment "as good a validation as an ETF can get," noting it represented 1% of Harvard's $57 billion endowment. Other institutions, including Emory University and Abu Dhabi's Al Warda Investments, also increased their Bitcoin ETF holdings according to reports.

The market's short-term stability was catalyzed by Nvidia's third-quarter earnings report. The AI chipmaker posted $57.01 billion in revenue, smashing estimates and projecting $63.7–$66.3 billion for Q4. CEO Jensen Huang highlighted surging demand for Blackwell architecture and cloud GPUs, with products "sold out" across data centers. The results eased fears of an AI-driven market bubble, sending Bitcoin and AI-linked tokens like TAO and RNDR higher. Bitcoin mining stocks, including Cipher Mining and IREN, also rallied in after-hours trading.

Despite the rebound, macroeconomic uncertainty persists. Federal Reserve policy remains a key focus, with analysts like Matrixport noting Bitcoin's next major move could hinge on rate decisions. Additionally, outflows from Ethereum and Solana ETFs continued, highlighting broader crypto market fragility.

However, the stabilization of Bitcoin's price and institutional buying activity suggest a potential floor has been established, with some analysts forecasting a retest of the $100,000 level before year-end.