eToro and 21Shares Join Forces to Launch A “Data-Driven” Crypto Portfolio for Retail Investors
Crypto trading firm eToro has partnered with 21Shares, the world’s largest issuer of crypto exchange-traded products (ETPs), to introduce a new crypto portfolio for retail investors.
Called 21Shares-Flows , the portfolio aims to provide retail investors with a dynamic and data-driven approach to crypto investing, according to a Tuesday press release .
It holds actual cryptoassets and leverages insights derived from monthly flows into European crypto ETPs.
The f lows are segmented by underlying assets, including popular cryptocurrencies like Bitcoin, Ethereum, and various altcoins.
By tracking investor preferences and market dynamics, the portfolio adjusts its allocation to align with emerging trends and current sentiment.
For instance, if Bitcoin ETPs experience significant inflows, the portfolio’s allocation to Bitcoin will be increased accordingly, reflecting the prevailing market sentiment.
“O ur latest research shows that retail investors around the world are more likely to increase their allocation to crypto than any other asset class, ” Dani Brinker, Head of Investment Portfolios at eToro, said.
“T his portfolio provides investors with a unique opportunity to capitalize 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’re thrilled to announce our partnership with @eToro , a global leader in social trading and investing. Together, we’re launching 21Shares-Flows, a Smart Portfolio of 25 tokens including Bitcoin, Ethereum, and exciting new additions like Celestia.
Our shared vision is to make… pic.twitter.com/1rGDx3u9ke
— 21Shares (@21Shares) April 23, 2024
The 21Shares-Flows
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