eToro collaborates with Index Coop to introduce Web3 portfolio - TopForex.Trade

eToro collaborates with Index Coop to introduce Web3 portfolio

Embark on a journey into the future of finance with eToro’s groundbreaking Web3 Portfolio, developed in partnership with Index Coop. This curated selection offers a unique blend of Bitcoin, Ethereum, DeFi, and Metaverse assets, promising a diversified approach to crypto investments. With quarterly rebalancing based on market dynamics, this portfolio is designed for long-term growth. Start your investment journey with a minimum of $500.

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98
Min. deposit
-
Max. leverage
1:30
Bonus
Used by
30000000+
Min. Spread
0.5
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
Trustly, iDEAL, Rapid, PayPal, Klarna, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
FCA
CySEC
ASIC
eToro collaborates with Index Coop to introduce Web3 portfolio

Online brokerage firm eToro has joined forces with Index Coop, a decentralized autonomous organization (DAO), to unveil a novel crypto Smart Portfolio designed to provide exposure to Web3 technologies.

98
Min. deposit
-
Min. Spread
0.5
Bonus
Max. leverage
1:30
Used by
30000000+
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
Trustly, iDEAL, Rapid, PayPal, Klarna, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
FCA
CySEC
ASIC
98
Min. deposit
-
Max. leverage
1:30
Bonus
Used by
30000000+
Min. Spread
0.5
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
Trustly, iDEAL, Rapid, PayPal, Klarna, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
FCA
CySEC
ASIC

The Index-Coop portfolio will encompass four crucial sectors: Bitcoin, Ethereum, decentralized finance (DeFi), and the Metaverse.

With backing from Sequoia Capital, Index Coop stands as one of the pioneering providers of on-chain structured products within the burgeoning DeFi sector. This encompasses yield products, indices, derivatives, DIY portfolios, and automated proprietary strategies built on the Ethereum blockchain.

The portfolio comprises bitcoin (30 percent), ether (30 percent), and a collection of assets mirroring the allocation of two of Index Coop’s indices: the DeFi Pulse Index (30 percent) and the Metaverse Index (10 percent). The DeFi Pulse Index monitors applications like decentralized exchanges, money markets, synthetic assets, and staking, and includes tokens like Uniswap, Aave, and Synthetix. The Metaverse Index captures the trends in entertainment, social interactions, and business activities within virtual economies through tokens from prominent projects such as Sandbox and Decentraland.

 

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Utilizing Index Coop’s analytical prowess and insights, the portfolio will undergo quarterly rebalancing to uphold an optimal alignment with market dynamics. The weighting of each of the four constituents within the portfolio will be adjusted based on their market capitalization, with a maximum allocation of 30 percent each to ensure diversification.

Smart Portfolios provide exposure to various market themes. By bundling together multiple assets under a defined methodology and employing a passive investment approach, they furnish long-term investment solutions that offer diversified exposure. The initial investment starts from USD $ 500, and all investors can access tools and charts to monitor the portfolio’s performance. Simultaneously, eToro’s social feed will keep them abreast of developments in the sector. Please note that this offering is not available to US users.

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