Institutional investors displayed varied strategies in response to Q1 2026 crypto market volatility, as revealed by recent 13F filings. Harvard Management significantly reduced its holdings in the iShares Bitcoin Trust ETF (IBIT) by 43% and fully exited its position in the iShares Ethereum Trust (ETHA), reallocating funds towards AI and computing power assets. Similarly, Goldman Sachs reduced its positions in Bitcoin and Ethereum ETFs, while increasing its stake in crypto-related stocks like Circle and Galaxy Digital. Conversely, some institutions adopted a more aggressive approach. Mubadala, Abu Dhabi's sovereign wealth fund, increased its IBIT holdings by 15.9%, despite a decline in market value. JPMorgan also expanded its IBIT holdings by 174%, indicating a strategic increase in exposure. Meanwhile, Wells Fargo maintained its core Bitcoin position while significantly boosting its Ethereum ETF holdings, reflecting a strategic shift towards Ethereum. These filings highlight a nuanced approach to crypto investments, with institutions like Harvard and Goldman Sachs prioritizing risk management and diversification, while others like Mubadala and JPMorgan capitalize on market dips to increase exposure.