eToro Analyst Claims Clients Actively Buying BTC and XRP

Mati Greenspan, eToro senior market analyst has published data in which stated that clients of the Tel Aviv-based service are actively using the current position of the crypto market.

eToro is crypto-related social trading and multi asset brokerage company that has registered offices in Cyprus, Israel and the United Kingdom. Previously, the company de­cided to make in­vest­ments in crypto-as­sets much cheaper by re­duc­ing the fees for spread trades on its plat­form by more than half.

Greenspan states that eToro’s clients have used the current crypto price fall in order to increase their BTC funds.

The whole crypto market is in fever because of the recent bitcoin cash (BCH) hardfork.

You can find out more about this event here.

Perhaps, Greenspan is not the only one who thinks that such a massive fall may has a good side. For example, one of the Bit­main founders, Jihan Wu, has ap­proved CoinEx list­ing of BCHSV/BCH, BCHSV/BTC trad­ing pairs, call­ing it a “very good op­por­tu­nity to in­crease the num­ber of BCH.”

Earlier, the CEO and co-founder of eToro Yoni Assia said, that the company was planning to compete with U.S. trad­ing plat­forms in the sec­ond half of this year.

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