eToro Introduces BitcoinWorldwide, a Thematic Investment Portfolio Featuring PayPal, Nvidia, Canaan, Coinbase
Multi-asset investment platform
BitcoinWorldWide.
Based on the firms in the value chain behind Bitcoin, the portfolio is meant to further promote adoption of the leading cryptocurrency.
Dani Brinker, eToro’s head of portfolio investments, stated:
“Our aim is to provide retail investors with an easy way to get exposure to companies that deliver a service or product essential to the further adoption of Bitcoin.”
eToro considers Bitcoin’s value chain to include firms focused on crypto mining, semiconductor, payments, exchange, custodianship and insurance services, as well as the digital asset itself. As such, BitcoinWorldWide involves firms like PayPal, electronic chip maker Nvidia, mining hardware provider Canaan, and digital assets firm Coinbase.