eToro rolls out smart portfolios for new metaverse investors
Growing confidence in new metaverse markets appears to be solidifying new investment opportunities across the industry. Brokerage firm eToro introduced MetaverseLife, a new smart portfolio covering stocks and crypto-assets from within the growing metaverse industry, on Tuesday. The company stated that its goal is to offer a diverse range of investments made for long-term exposure. Currently included in the portfolio are Meta Platforms, the new parent company behind Facebook, Roblox and other blockchain-based metaverse developments like Decentraland, The Sandbox and Enjin. There are also a....
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Cryptocurrencies have been consistently outperforming themselves in recent days, turning into one of the hottest asset classes out there in the global financial market. Their performance has ensured complete attention from traders and investors who are now actively looking for ways to further diversify their portfolios with cryptocurrencies. The trend is quite evident by the […]
There’s plenty of people out there fascinated by the stock market (and making some money) who prefer to invest their funds in diversified portfolios. Beats doing all the work and it involves way less risk, right? What if you wanted to dabble in crypto with the same strategy? Say hello to CopyPortfolios, which allow eToro users to allocate their funds into managed portfolios. CopyPortfolios do all of the legwork involved in crypto investing, but the […]
eToro stated that MANA and SHIB saw the biggest surge in hodlers in Q3 2022, posting increases of 437% and 269% apiece compared to Q3 2021. Increasing interest in the Metaverse has been seen as a reason for Decentraland native token MANA and memecoin Shiba Inu's (SHIB's) outpaced growth on retail trading platform eToro over the past 12 months.In an Oct. 7 report shared with Cointelegraph, eToro stated that MANA and SHIB saw the biggest year-on-year surge in hodlers in the most recent quarter, rising 437% and 269% apiece compared to Q3 2021.Other notable hodler increases on eToro platform....
Social investment network eToro announced today that bitcoin has been added as an investment option on the service's OpenBook platform, allowing their 3 million users to easily throw in a small investment. This three-click process is designed to be as simple as possible, and it's classified bitcoin as a stock in hopes of getting more investors attracted to it. eToro allows the investor to select an amount, or enter their own. eToro is currently quoting Mt. Gox pricing, and takes 1 percent of the transaction value for themselves. The company notes that trades are executed 4 times daily....
After saying that cryptocurrencies “rank as the poorest hedge for major drawdowns in equities, with questionable diversification benefits,” JPMorgan says investors can put 1% of their portfolios in cryptocurrencies. This can help “achieve any efficiency gain in the overall risk-adjusted returns of the portfolio,” the firm’s strategists explained. Investors Can Allocate 1% of Portfolios to Bitcoin, Says JPMorgan JPMorgan Chase now sees benefits in adding a small percentage of bitcoin to a multi-asset portfolio. The firm’s global head of research, Joyce....