eToro launches crypto Smart Portfolio for exposure to BTC, ETH, DeFi, and Metaverse

Rick Steves

“In this era of rapid technological advancements, we see Web3 as a force that will redefine the way that people live, invest, and transact.”

eToro, the global trading and investing platform, has partnered with Index Coop, a Decentralized Autonomous Organization (DAO), to launch a new crypto Smart Portfolio.

Backed by Sequoia Capital, Index Coop is renowned for its expertise in on-chain structured products. The partnership aims to offer retail and institutional investors alike an opportunity to gain exposure to some of the most exciting sectors in the crypto universe—Bitcoin, Ethereum, DeFi, and the Metaverse.

30% Bitcoin + 30% Ethereum + 30% Pulse Index + 10% Metaverse Index

“In this era of rapid technological advancements, we see Web3 as a force that will redefine the way that people live, invest, and transact,” said Dani Brinker, Head of Investment Portfolio at eToro. “With this partnership, we are excited to provide investors with another way to invest in the Web3 revolution.”

The new crypto Smart Portfolio is meticulously designed to capture market trends in four key sectors. It allocates 30% each to Bitcoin and Ethereum, the juggernauts of the crypto world, with the remaining 40% being split between DeFi Pulse Index (30%) and Metaverse Index (10%). The DeFi Pulse Index tracks a myriad of applications like decentralized exchanges, money markets, and synthetic assets, featuring tokens such as Uniswap, Aave, and Synthetix. The Metaverse Index, on the other hand, aims to capture the virtual economies through tokens from leading projects like Sandbox and Decentraland.

One of the standout features of this Smart Portfolio is its commitment to adapt to market dynamics through quarterly rebalancing. Leveraging Index Coop’s analytics and insights, the asset allocation within the portfolio will be adjusted based on market capitalization, maintaining a maximum allocation of 30% to any asset to ensure diversification.

Not available to U.S. clients

“At Index Coop, we are dedicated to advancing the world of Web3 and decentralized finance,” said Jordan Tonani, Head of Institutions at Index Coop. “Partnering with eToro, we look forward to delivering valuable insights and crypto strategies to its users, contributing to the growth and adoption of Web3 technologies.”

The new Smart Portfolio is an enticing proposition for investors seeking diversified exposure to the crypto ecosystem. Starting from an initial investment of just $500, investors gain access to a range of tools and charts to track performance, in addition to eToro’s social feed for real-time updates on sector developments. However, it’s worth noting that this offering is not available to U.S. users, potentially limiting its market reach.

This partnership comes at a time when the market size of Web3 is projected to hit $81.5 billion by 2030. It represents a significant step forward in making decentralized finance more accessible, thereby accelerating the mass adoption of Web3 technologies. The collaboration between eToro and Index Coop effectively bridges the gap between traditional finance and the rapidly evolving world of DeFi, offering a comprehensive, yet flexible investment vehicle for those looking to take part in the next frontier of financial innovation.

Read this next

Digital Assets

JPMorgan’s stablecoin ventures into interbank transactions

JPMorgan Chase & Co.’s proprietary digital token, JPM Coin, is set to expand its use case by facilitating interbank transactions on Partior, a blockchain ledger developed in collaboration with DBS Bank, Temasek, and Standard Chartered.

Retail FX

Interactive Brokers’ client base surges past 2.5 million

Interactive Brokers LLC (NASDAQ:IBKR) saw 1.89 million daily average revenue trades, or DARTS, in November 2023 compared to 1.93 million transactions in the prior month. The figure is three percent lower on a yearly basis, and also dropped slightly from a month earlier.

Executive Moves

Andrew Gibson launches TimberFX brokerage brand in Cyprus

After nearly two years at Tavira Securities as Head of Product Development, industry veteran Andrew Gibson is launching a new FX brokerage business based out of Cyprus.

Market News

US Dollar’s Trajectory Amidst Seasonal Trends and Economic Indicators in December 2023

As we traverse the final stretch of 2023, the noteworthy depreciation of the US dollar dominates the financial landscape

Inside View

Unlocking the Financial Potential of SMEs: Is FinTech the Key?

The rise of the gig economy for early-stage startups and freelancers has highlighted the increasing importance of small-scale business transactions and banking requirements. Unfortunately, this has also exposed a significant gap in the SME banking landscape.

Digital Assets

South Africa’s FSCA receives 138 crypto license applications

The Financial Sector Conduct Authority (FSCA) of South Africa is currently processing a slew of applications from cryptocurrency companies seeking operational licenses.


Exclusive Interview with Greg Rubin, Head of Axi Select: Unveiling the Future of Capital Allocation in the Financial World

Today, we are thrilled to kickstart another series of exclusive interviews with top executives in the financial services industry, hosted by our FinanceFeeds Editor-in-Chief, Nikolai Isayev. Our next guest is none other than Greg Rubin, the mastermind behind Axi Select.

Digital Assets receives UK’s EMI license, paving way for regulated expansion

Cryptocurrency exchange has been authorized as an Electronic Money Institution by the United Kingdom’s Financial Conduct Authority (FCA).

Digital Assets

Ripple’s Metaco joins Zodia Custody’s network for connectivity with Layers 0 and 1

“As the industry undergoes a pivotal transformation, our networked infrastructure is dedicated to standardise, govern and connect institutional digital asset flows — an essential step in forging use cases that transcend individual companies.”