Dartmouth Invests in Solana ETF

Dartmouth College's $9 billion endowment has invested in a Solana-focused exchange-traded fund (ETF), according to a recent SEC filing, with the endowment holding about $3.3 million in the Bitwise Solana Staking ETF [1]. This investment is part of the endowment's $14 million in total digital asset exposure, which also includes holdings in Ethereum and Bitcoin ETFs [1]. The move marks a shift towards diversifying crypto investments, with the endowment's exposure to Bitcoin and Ethereum-linked products declining since January due to price fluctuations [1].

Key takeaways

• Dartmouth College's endowment has invested $3.3 million in the Bitwise Solana Staking ETF [1].
• The endowment holds $14 million in total digital asset exposure, including Ethereum and Bitcoin ETFs [1].
• Solana's price has dropped 71% from its all-time high, but network activity and institutional interest remain high [2].

Investing in Crypto

The investment in the Solana ETF is a significant move for Dartmouth College's endowment, which has been exploring crypto investments since 2025 [1]. The endowment's decision to invest in a Solana-focused ETF reflects the growing interest in digital assets beyond Bitcoin and Ethereum [3]. According to a recent report, Solana's network activity and institutional interest remain high, despite the token's price declining [2]. The report also notes that Solana has outpaced Ethereum in weekly dApp revenue for five consecutive weeks [2].

Why Solana Matters

Solana's price has dropped significantly since its all-time high, with the token's price declining 71% [2]. However, the report notes that Solana's fundamentals are quietly improving, with the token's network activity and institutional interest remaining high [2]. The Alpenglow upgrade, which aims to reduce transaction finality, is expected to be a significant catalyst for Solana's price [2]. Additionally, the growth of Solana-linked ETFs, with over $1.1 billion in assets under management, reflects the increasing institutional appetite for blockchain projects offering high throughput and staking opportunities [3].

Why it Matters

The investment by Dartmouth College's endowment in a Solana-focused ETF is significant, as it reflects the growing interest in digital assets among institutional investors [1]. The move also highlights the shift towards diversifying crypto investments, with the endowment's exposure to Bitcoin and Ethereum-linked products declining since January [1]. As institutional interest in Solana continues to grow, it will be important to monitor fund inflows and price action to gauge the sustainability of Solana's institutional momentum [3].