eToro successfully debuted on the Nasdaq exchange on May 14, 2025, where its stock price increased by 29% to reach $67. Numerous institutional investors, including ARK Invest, showed interest in the shares.
This is reported by Бізнес • Медіа
Details of eToro’s Nasdaq Debut
At the close of trading, eToro’s shares began trading on Nasdaq for the first time, demonstrating significant growth. The stock price reached $67, compared to the initial price, indicating high demand from institutional investors. As noted on the official website, the company filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) in early May, after which it decided to slightly increase the stock price.
Investor Interest and Future Prospects
The main underwriters during the IPO were well-known financial institutions, including Goldman Sachs, Jefferies, UBS Investment Bank, and Citigroup, along with counterparties Deutsche Bank Securities, Cantor, and BofA Securities. After the close of trading, the shares initially continued to rise; however, their value later decreased to $65.88 at the opening of the stock market on May 15.
Additionally, ARK Invest showed significant interest in eToro, purchasing 140,000 shares of ETOR for $9.4 million for its Fintech Innovation fund (ARKF). At the same time, the company reduced its stake in its spot Bitcoin ETF (ARKB) by a total of $7.9 million, but despite these changes, ARKB ended the trading day on May 14 with a net inflow of capital of $5.16 million.
“eToro has made an impressive start on Nasdaq, highlighting the growing interest in financial technology,” analysts note.