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eToro Partners with 21Shares to Launch Crypto Portfolio 21Shares-Flows

2024-04-29 BrokersView

eToro Partners with 21Shares to Launch Crypto Portfolio 21Shares-Flows

Global multi-asset broker eToro has partnered with crypto exchange traded product (ETP) issuer 21Shares to launch a new portfolio, 21Shares-Flows, which aims to provide retail investors with a data-driven and dynamic approach to cryptocurrency investing.

 

The new portfolio is able to allocate portfolios through investor preferences and market dynamics, reflecting current market sentiment, eToro said.

 

21Shares-Flows is a portfolio of 25 crypto assets holding real crypto assets, according to the broker, who added. The product provides insight into monthly inflows into European crypto ETPs, segmented by the various assets to provide a new portfolio allocation each month.

 

The portfolio is balanced once a month by computing the sum flows of each underlying asset and dividing it by the total market flows before defining on the latest weightings to align with market dynamics.

 

“Our latest research shows that retail investors around the world are more likely to increase their allocation to crypto than any other asset class,” said Dani Brinker, Head of Investment Portfolios at eToro. “This portfolio provides investors with a unique opportunity to capitalise on the growth potential of cryptoassets in a structured and data-driven manner. We are looking forward to bringing 21Shares’ industry-leading insights to our users.”

 

“We are excited to partner with eToro to introduce the 21Shares-Flows portfolio, which represents a significant advancement in crypto investment,” said Hany Rashwan, CEO of 21Shares. “This collaboration leverages our expertise in crypto ETPs and eToro’s innovative Smart Portfolios platform to offer investors a transparent and data-driven approach to navigating the crypto market.”

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