eToro
Ally Invest Vet to Lead eToro’s US Business
The trading platform has seen its commissions from cryptocurrency trading soar in the last year.
eToro’s Crypto Trading Commissions Soar to $264M in Q2
Israeli-based exchange eToro said its commissions from crypto trading increased by nearly 23 times in the second quarter, compared with last year's same period. This comes as it readies going public via a merger with special purpose acquisition company (SPAC) FinTech Acquisition Corp. V., which values the combined company at $10.4 billion. CEO Yoni Assia shares insights into the trading platform's earnings, growth, and plans.
eToro’s Crypto Trading Commissions Soar to $264M in Q2
Crypto trading commissions increased from just 7% of total commissions a year ago to 73% in the second quarter of this year.
eToro Exec: 'Crypto Is a Global Phenomenon'
Bitcoin is up 50% over three weeks on the back of strong institutional and retail demand. eToro US Managing Director Guy Hirsch discusses his long-term bullish assessment of bitcoin despite some suggesting the U.S. Senate's $1 trillion infrastructure bill could be bearish for crypto. "Crypto is a global phenomenon," Hirsch said. "Even if the world's only superpower, the U.S., is taking some adverse measures against the industry... this is a global market, and overall, things are looking optimistic." Plus, the latest with eToro's expansion in Miami.
eToro Exec: Institutional Adoption of Bitcoin Has 'Barely Begun'
Bitcoin is headed for its worst weekly close in over a month. eToro Global Macro Strategist Ben Laidler highlights the indicators he's watching for bullish momentum around bitcoin. "The big driver I'm looking at is the institutional adoption story, which I think has barely begun," Laidler said, suggesting the positive long-term outlook. "We haven't even scratched the surface."
eToro U.S. Chief on Expanding U.S. Hub to Miami; State of Crypto in Israel
Israeli-based exchange eToro plans to expand its U.S. hub in Hoboken, NJ, and build an additional branch in Miami, FL. eToro U.S. Managing Director Guy Hirsch joins "First Mover" to discuss what's in store. Plus, his main takeaways from the Bitcoin 2021 conference, how eToro is combatting the ransomware problem and the state of crypto in Israel.
Online Broker eToro Added 3.1M New Clients in First Quarter: Report
New registrations jumped by more than 200% to 3.1 million, up from 1 million in the same period last year and 5.2 million for the whole of 2020.
Visa, ING Listed in eToro Stock Portfolio Tracking Bitcoin ‘Value Chain’
The portfolio of bitcoin and 26 companies includes PayPal, Nvidia, Canaan and Coinbase – but not MicroStrategy.
eToro CEO on Going Public via SPAC
eToro founder and CEO Yoni Assia discusses taking the crypto trading firm public via a merger with a special purchase acquisition company (SPAC), the implied $10B valuation and what it all means for the future of the company.
