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BTCC / BTCC Square / Global Cryptocurrency /
Ark Invest Acquires eToro Shares Amid Strong Nasdaq Debut

Ark Invest Acquires eToro Shares Amid Strong Nasdaq Debut

Author:
Global Cryptocurrency
Published:
2025-05-16 05:41:02
6
3

eToro’s Nasdaq debut ignited investor enthusiasm as shares surged nearly 30% on Wednesday, closing at $67—well above its $52 IPO price. Ark Invest, led by Cathie Wood, seized the opportunity by purchasing 140,000 shares worth $9.4 million through its Fintech Innovation ETF (ARKF).

The trading platform’s delayed IPO, initially shelved in March due to TRUMP-era trade policy uncertainties, signals renewed confidence in crypto-adjacent public listings. eToro joins a growing cohort including Circle and Animoca Brands in capitalizing on resurgent market appetite.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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