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13 May 2021

eToro Launches Stock Portfolio Tracking ‘Bitcoin Value Chain’ - Decrypt

eToro Launches Stock Portfolio Tracking ‘Bitcoin Value Chain’ - Decrypt

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eToro, a trading and multi-asset brokerage company, is launching a new stock portfolio that offers clients exposure to companies that are “building the value chain” around Bitcoin. .

This is because eToro made the conscious decision to exclude any company that, despite being bullish on Bitcoin, “lacks business units related to its activity.” In addition, an eToro spokesperson told Decrypt that,  "A company investing in crypto or holding it on their balance sheet will not meet the criteria to be included in the portfolio.".

eToro itself is set to go public through a merger with a special-purpose acquisition company (SPAC) that will value the company at $10 billion, with investment from SoftBank's Vision Fund 2.

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Why Fiat Experts Don’t Get Bitcoin
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