Harvard University and the Abu Dhabi Investment Council increased their positions in BlackRock’s IBIT during the third quarter of 2025, according to the latest 13F filings. The allocations represent a growing institutional shift away from gold-backed instruments and toward Bitcoin as a long-term reserve asset. IBIT’s rapid growth since the SEC approved spot Bitcoin ETFs in 2024 has positioned the product as a significant component of institutional portfolios.
Bitcoin Munari enters this environment with a fixed-cap economic structure and an active presale round priced at $0.22. The project’s published framework and multi-stage rollout have attracted attention as investors re-examine digital assets that present clear token mechanics during a period of large-scale institutional repositioning.
Institutional Allocations Reveal A Shift From Gold Toward Bitcoin
IBIT’s rise over the past two years marks one of the most rapid inflows into a new ETF category. It exceeded benchmarks set by earlier commodity-backed funds, reflecting a shift in how major institutions approach long-term store-of-value assets.
Harvard’s endowment reported GLD holdings valued at $235 million, a 98% quarter-on-quarter increase, yet its IBIT position reached $443 million, representing a 257% surge. Harvard’s IBIT allocation is now roughly four times the size of its Nvidia position, indicating a reassessment of priority within the institution’s broader asset mix.
Abu Dhabi’s sovereign capital followed a similar pattern. The Abu Dhabi Investment Council expanded its IBIT position to nearly 8 million shares, totaling approximately $518 million. The council described Bitcoin as a store of value suitable for intergenerational wealth transfer, reinforcing its role as a strategic component of sovereign reserves.
A recent analysis examined Bitcoin Munari’s current presale phase, noting that the project’s fixed-supply model and documented rollout plan have drawn increased interest following the latest IBIT allocations by major institutions.
Bitcoin Munari Presale Gains Relevance In A Fixed-Supply Landscape
The ongoing presale phase prices BTCM at $0.22, placing the round at a point where the gap between the current valuation and the project’s $6.00 launch benchmark defines a modeled return of 2,627%. The presale releases tokens without lockups, and distribution begins once the SPL network goes live, positioning this round as the final entry point before supply shifts into the phased rollout bridging Solana and the project’s own Layer-1 chain.
The presale operates across ten rounds, and the current price point has drawn increased attention from participants evaluating fixed-supply assets at a time when institutional portfolios are adding bitcoin exposure. The stable pricing structure has contributed to sustained activity during the round as participants compare defined token frameworks against broader market developments.
Token Allocation Establishes Circulation Parameters Across Both Phases
Bitcoin Munari’s supply is permanently capped at 21,000,000 BTCM, divided across distinct categories.
- •11,130,000 BTCM for the public presale
- •6,090,000 BTCM reserved for validator rewards
- •1,680,000 BTCM for liquidity requirements
- •1,050,000 BTCM assigned to the team under vesting
- •1,050,000 BTCM allocated to marketing and ecosystem development
The allocation defines the asset’s early circulation during the SPL phase and establishes expectations for supply distribution after the transition to the dedicated Layer-1 chain. The validator reward segment outlines long-term emissions, the liquidity reserve supports early exchange depth, and the vesting schedule limits internal supply flow during the rollout.
Two-Phase Architecture Defines Operational Deployment
Bitcoin Munari launches first as a Solana SPL token to establish immediate transactional functionality. The project then migrates to its own Layer-1 chain featuring delegated Proof-of-Stake validators, an EVM-compatible execution environment, governance functions, and privacy configuration tools.
A 1:1 migration bridge links both phases and maintains the fixed supply throughout the transition. The design supports users seeking predictable framework disclosures during early adoption.
Munari’s initial SPL smart-contract environment has undergone external examination. Solidproof completed a review of contract logic related to presale and token functions, while Spy Wolf conducted a separate evaluation to verify implementation behavior.
Identity screening was carried out through Spy Wolf’s KYC documentation, providing presale participants with reference material regarding team identification and oversight structure.
Validator Tiers Outline Participation Options Ahead Of Mainnet Activation
Bitcoin Munari enables validator participation through three tiers aligned with the 6,090,000 BTCM reward pool distributed over ten years. Full validators require 10,000 BTCM and server-grade hardware to operate block production. Mobile validators stake 1,000 BTCM on supported Android devices and receive reduced emissions, while delegators stake from 100 BTCM through existing validators without operating infrastructure.
The structure gives presale participants a clear view of expected staking paths and reward distribution once the Layer-1 chain becomes active.
Institutional reallocations from gold to bitcoin have intensified scrutiny on digital-asset models that provide defined supply conditions and transparent rollout plans. Bitcoin Munari’s fixed-cap structure, documented audits, and active presale round place the project within that area of focus as Round 2 continues at $0.22.