eToro has re-listed 12 cryptocurrencies, including XRP, Cardano (ADA), and Dogecoin (DOGE), on its U.S. trading platform following a settlement with the Securities and Exchange Commission (SEC). This move marks eToro's renewed commitment to expanding its presence in the U.S. crypto market after limiting asset offerings last year post-SEC enforcement actions.
Last year, eToro reduced its U.S. crypto offerings to Bitcoin (BTC), Ethereum (ETH), and Bitcoin Cash (BCH) after the SEC charged the platform with operating as an unregistered broker-dealer by offering various crypto assets. The settlement entailed a $1.5 million fine but allowed eToro to return other tokens when appropriate.
Now, eToro has increased the number of cryptocurrencies available to U.S. users to 15 by adding tokens such as Aave (AAVE), Chainlink (LINK), Compound (COMP), Ethereum Classic (ETC), Litecoin (LTC), Uniswap (UNI), Stellar (XLM), Shiba Inu (SHIB), and Yearn Finance (YFI), along with XRP, ADA, and DOGE. This expansion aligns with eToro’s broader strategy post-IPO, where the company raised approximately $310 million in its Nasdaq debut under the ticker ETOR.
Andrew McCormick, Head of eToro U.S., indicated thorough research before relisting the tokens and viewed the current regulatory climate as conducive for this expansion. Additionally, supportive regulatory measures expected from the Trump administration and forthcoming cryptocurrency legislation have factored into the timing.
The company serves over 40 million users globally, and cryptocurrency trading accounted for 37% of its trading commissions in Q1 2025, underscoring the importance of crypto assets to its business. eToro’s move is part of a competitive push to meet retail demand and rival major U.S. platforms like Coinbase (COIN) and Robinhood (HOOD).