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.
BitcoinWorldWide
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.