eToro Launches New Bitcoin Stocks Portfolio
Leading social trading broker, eToro, has launched a new stocks portfolio based on companies adding value to the Bitcoin ecosystem. The innovative product offers another avenue for aspiring traders to profit from leading crypto trends. Find out how it works below.
eToro’s latest product offers exposure to companies contributing to the Bitcoin space. Included in the collection of companies are firms operating in mining, payments, exchange, insurance, custodianship, and semiconductor sectors. Crypto mining hardware producer, Canaan, payments platform, PayPal, and crypto exchange, Coinbase, are all included in the basket of stocks.
It’s worth noting eToro has excluded companies that are bullish on Bitcoin but lack critical business units that contribute to the value of BTC.
The exciting new product is an excellent way to diversify existing trading portfolios. Once clients have a live account, they can trade the new product from the broker’s digital platform. eToro users will need to invest a minimum of $1,000 to access BitcoinWorldWide.
Head of Portfolio Investments at eToro, Dani Brinker, noted “As it crosses into mainstream awareness, Bitcoin is increasingly in the spotlight. New all-time highs might make headlines, but the most significant change surrounding the world’s largest crypto is not its price, but the companies building the value chain around it. From mining operations to chip manufacturers and those delivering services to support usage, payments, exchanges and custody, there’s more to Bitcoin than you might think.”
One of the biggest names in the retail trading space, eToro offers leveraged forex and CFD trading alongside commodities and cryptocurrencies. The broker also offers a top-tier copy trading service with low fees and mobile compatibility. In addition, a multi-crypto on-chain wallet is available to active traders.
eToro is a trusted trading broker regulated by both the CySEC and the FCA. The broker boasts a long list of awards and accolades and is a popular option among new traders and experienced investors. Minimum deposits start at $200 and 24/7 market access is available.
eToro is one of the best brokers for crypto trading and their latest BitcoinWorldWide stocks portfolio is set to attract serious attention. Start trading today.