Bitcoin Holds Strong at $103K as Coinbase Joins S&P 500 and eToro Eyes $620M IPO

Quick overview

Bitcoin (BTC) is holding steady above the $103,000 mark, showing a 2.59% gain over the last 24 hours.

This resilience comes at a time of significant shifts in the crypto sector, signaling growing investor confidence and deeper integration with traditional finance.

One of the most notable developments is Coinbase’s historic inclusion in the S&P 500, making it the first cryptocurrency exchange to join the index. The company’s stock jumped nearly 25% after the news, closing at $256.90. This move highlights the increasing mainstream recognition of digital assets and may encourage broader institutional participation in crypto markets.

At the same time, eToro, the popular Israeli-based trading platform, is targeting a $620 million raise through a U.S. IPO. The company plans to price its shares at $52 and list on Nasdaq under the symbol “ETOR.” This IPO, if successful, could further validate the role of regulated crypto platforms in the global investment landscape.

Adding to the momentum, cloud mining firm HashFly has introduced a new set of mining plans for 2025. These contracts aim to make Bitcoin mining more accessible to everyday investors by offering fixed daily returns. With various investment tiers, HashFly is positioning itself to attract both entry-level and seasoned participants seeking passive income from Bitcoin’s continued growth.

For financial brokers, these milestones serve as a reminder that crypto is no longer operating on the fringes. From index inclusion to IPOs and new investment models, digital assets are becoming part of the broader financial ecosystem. Clients who were once skeptical may now be more open to discussing strategic crypto exposure through equities or yield-generating services.

As the market matures, staying ahead of these trends will be key to advising clients effectively and helping them navigate opportunities in the fast-evolving digital economy.

ABOUT THE AUTHOR See More

Sophia Cruz

Financial Writer - Asian & European Desks

Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.

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