Seeking Alpha
2022-01-18 17:42:12

eToro expands U.S. offering to include stocks, ETFs, cryptos

Israel-based eToro expands its U.S. offering to include stocks, exchange-traded funds and crypto assets. The broader offering for U.S. users comes at a time when cryptos are becoming the asset of choice for many first-time U.S. investors, the company notes. eToro customers in the U.S can now combine their crypto and stock investments in a single portfolio, and invest in fractional stocks with zero commission. "For many new investors, crypto investing is a gateway to investing in stock - and with broader access to financial education and fewer barriers to entry for first-time investors, we expect this trend to continue," said eToro U.S. CEO Lule Demmissie. Speaking of crypto, bitcoin (BTC-USD -1.2%) slides to about $41.4K per token as risk assets plunge. Note that eToro is expected to go public through a SPAC merger with Fintech Acquisition Corp. V (NASDAQ:FTCV) (NASDAQ:FTCVW) in June. Towards the end of November, eToro said

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