Fidelity is our best broker for trading cryptocurrency ETFs because of its extensive crypto ETF selection, vast educational content, solid research tools, and available fractional ETFs. Fidelity, Investopedia’s choice as Best Overall Online Broker, has achieved this success by offering customers a top-tier selection of competitively priced asset classes and investment products, and by providing a solid full-service brokerage experience-all on one platform. The storied Boston-based brokerage, Fidelity, has roots dating back to its founding in 1943. Over the years, it has grown into one of the world’s largest financial services companies, largely thanks to its massive U.S.

U.S. customers holding cryptocurrency no longer offered by eToro will be able to sell their cryptocurrency for up to 180 days. For users who value the ability to copy the trades of successful traders, eToro’s platform is worth looking into. U.S. clients, however, are restricted to just 3 cryptos-BTC, BCH, and ETH-available to residents of 47 states. It wasn’t until 2010 that eToro really started to gain industry favor with the introduction of its innovative social trading platform. Toro began as a forex trading platform in 2007, when brothers Ronen Assia and Yoni Assia launched the Tel Aviv-based company, along with David Ring. Toro provides access to 130 coins, although the majority can only be bought, not sold.

Currencies: 30, the majority can be only bought, not sold; 3 for U.S. On September 12, 2024, the Security and Exchange Commission (SEC) announced that eToro is ceasing nearly all U.S. Crypto trading in the U.S. The announcement comes after eToro reached a settlement with the SEC for charges that the trading platform operated an unregistered brokerage and clearing agency related to its crypto dealings. Toro has also agreed to pay $1.5 million to settle with the SEC, in addition to limiting its cryptocurrency offering to just Bitcoin, Bitcoin Cash, and Ether for U.S. Toro, a multi-asset online brokerage, is our top pick for socially-minded traders because it offers a unique social trading platform with an unmatched experience when buying and selling crypto.

On top of its industry leading overall offering, Fidelity’s history as a crypto-friendly broker dates back to 2014, when the company started mining crypto. Investopedia has been helping readers find the best tools. When it comes to digital asset ETFs, Fidelity is the best broker. From recently launched spot Bitcoin ETFs to a Metaverse ETF and more, Fidelity is an industry standout when it comes to providing support for trading in a wide variety of crypto ETFs-many of them free of charge. For more information, read our full Fidelity Review.

However, in September 2024, eToro announced a settlement with the Security and Exchange Commission (SEC), and ceased trading for nearly all crypto assets, following charges that its crypto offering operated as an unregistered brokerage and clearing agency. Investopedia is not an affiliate and may be compensated if you access certain products or services offered by the MSB. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. For more information, read our full eToro Crypto Review. This immediately resulted in Investopedia removing the company’s best overall status.