Broker eToro and 21Shares have entered into a partnership with the main goal of launching a new crypto portfolio called "21Shares-Flows".
21Shares-Flows is aimed at retail investors who are looking for new ways to invest in cryptocurrency.
The portfolio contains real crypto assets and uses information on monthly flows in European cryptocurrency ETPs segmented by underlying assets such as Bitcoin, Ethereum, and various altcoins.
The balance of the portfolio is reviewed according to investor preferences and market dynamics to match emerging trends and current sentiment, according to Fintech Finance News.
This means that if the Bitcoin ETP experiences significant inflows, the Bitcoin allocation in the portfolio will increase accordingly, reflecting the prevailing market sentiment.
"Our latest research shows that retail investors around the world are more likely to increase their investments in cryptocurrency than any other asset class," said Danny Brinker, Head of Investment Portfolios at eToro.
"This portfolio offers investors a unique opportunity to capitalize on the growth potential of crypto assets in a structured and data-driven manner. We look forward to bringing 21Shares' cutting-edge insights to our users," he added.
"We are excited to partner with eToro to launch the 21Shares-Flows portfolio, which represents a significant advancement in cryptocurrency investing," emphasized Hani Rashwan, CEO of 21Shares.
"This collaboration leverages our expertise in cryptocurrency ETPs and eToro's innovative Smart Portfolios platform to offer investors a transparent and data-driven approach to navigating the cryptocurrency market," Rashwan added.
The portfolio includes new additions to eToro, including Celestia, as well as 25 crypto assets such as Bitcoin and Ethereum.
Initial investments in 21Shares-Flows start at $500, and investors can track the portfolio's performance with tools and charts.
The portfolio is not available to US users.
Also read: Forecasts point to BTC growth by year-end
