Harvard University cleared out its entire Ethereum ETF position in the first quarter of 2026. Gone. All of it.
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Despite a 28% drop since January, Ethereum keeps the market's attention. The price decline occurs while accumulators still follow on-chain signals.
As Ethereum (ETH) remains trapped below crucial resistance levels, the altcoin seems to be experiencing “one of the most dramatic sentiment reversals in crypto,” with recent data revealing that traders have gone from patience to frustration in recent weeks. Related Reading: Zcash (ZEC) Soars To Six-Month Highs After 110% Rally – Can It Break The $700 Barrier?
Permanent closure: The protocol will cease its block production and shut down its independent network after completing an operating period of approximately 1.5 years. Migration deadline: Users with funds on the network have until July 31, 2026, to withdraw their assets to the Ethereum mainnet or other compatible chains.
ETH is testing the $2,095–$2,138 Fibonacci zone as whale exchange supply rises and withdrawals slow.
A crypto expert has shared her macro prediction for Ethereum (ETH), warning of an imminent price crash that could see the second-largest cryptocurrency plummet to as low as $800, or even $400 per coin. While this would represent a massive bearish move given ETH's current price, the analyst argues that such a decline is important for a market reset, where prices rediscover real demand and sustainable support.
Complete Liquidation: Harvard Management Company closed Q1 2026 with zero shares in the iShares Ethereum Trust, after having controlled a position of 3.87 million shares valued at $86.8 million at the close of the previous period.
Harvard sold its full $87M Ethereum ETF stake after three months as ETH prices fell and spot Ethereum ETFs saw outflows.
Ethereum's dominance in onchain finance solidifies its role as a key infrastructure, attracting institutional interest and shaping future blockchain dynamics. Grayscale's Zach Pandl highlights Ethereum's dominance in onchain finance metrics.