eToro launches investment portfolio fund "DeFi Portfolio," with Ethereum accounting for the highest allocation at 30%.

The well-known brokerage platform eToro announced the launch of a DeFi token investment portfolio, similar to a DeFi index fund, currently covering 11 assets, with Ether accounting for the highest proportion at 33.53%. The minimum initial investment amount is $1,000.

DeFi Portfolio

According to the announcement on eToro's official website, the 11 DeFi assets include:

• Ethereum ETH: 33.53%
• Algorand ALGO: 12.02%
• Polygon MATIC: 8.04%
• Chainlink LINK: 7.9%
• Basic Attention Token BAT: 6.34%
• Decentraland MANA: 6.2%
• Uniswap UNI: 6.15%
• Aave AAVE: 5.9%
• Yearn.finance YFI: 5.26%
• Compound COMP: 4.93%
• Maker MKR: 3.73%

The portfolio manager at eToro, Dani Brinker, stated:

With thousands of assets in the DeFi space, the DeFi market seems like a minefield for those who don't have the time to research projects. Now, through DeFi Portfolio, users can diversify risk across various projects from Uniswap to Yearn without spending hours researching.

Other eToro Investment Portfolios

Previously, eToro also launched several ETF-like products for the cryptocurrency market, including:

• CryptoPortfolio: Top 16 coins by market cap, with a minimum 5% weight per market cap, adjusted annually.
• Crypto-currency: Bitcoin 74.8% + Ethereum 25.2%.
• CryptoTakeover Long Crypto Short Banks: Long 14 cryptocurrencies 72.87%, short 23 bank stocks 27.13%.
• CryptoEqual: eToro-selected 16 assets, with ADA accounting for 20.77%.

Other DeFi Indexes

Binance also introduced a "DEFI Composite Index Contract" last year, with Chainlink (LINK) having the highest weight at 27.36%, followed by Aave (LEND) at 10.83%, and the decentralized exchange protocol 0x (ZRX) as the third with 9.49% weight.

Various DeFi indexes from different platforms have slightly different weightings. For example, FTX's DeFi index has the highest weight for YFI at 11.03%.

The weighted index DeFi Pulse Index DPI from decentralized asset management platform TokenSets has Uniswap UNI with the highest weighting at 22.94%.

At the end of July, the DeFi fund and index launched by Grayscale Investments in collaboration with CoinDesk had Uniswap UNI accounting for as high as 49.95%.