- eToro officially relists Cardano (\$ADA) for U.S. users, expanding access after restrictions and delisting in 2021.
- The relisting follows a regulatory settlement with the SEC, allowing eToro to resume broader crypto asset support in the U.S.
- Cardano joins 11 other crypto tokens as eToro reports that crypto made up 37% of Q1 2025 trading commissions.
Cardano ($ADA) has been officially relisted on the eToro trading platform for U.S. users, marking a major development in crypto accessibility. Trading remains restricted in Hawaii, New York, Nevada, Puerto Rico, and the U.S. Virgin Islands.
ADA Rejoins eToro After 2021 Delisting
On May 28, eToro announced via press release the relisting of Cardano (ADA) for U.S. users. ADA had been removed from the platform in 2021 following regulatory shifts and a change in eToro’s operational focus. The relisting follows eToro’s broader effort to restore digital assets previously removed from the platform.
Cardanians shared the update, citing ADA’s return to eToro’s platform and its over 40 million user base. eToro also confirmed the relisting of another 11 tokens, including Aave, Chainlink, Dogecoin, Ethereum Classic, Litecoin, Ripple, and Uniswap.
Andrew McCormick, the Head of U.S. Operations at eToro, said the platform will give users more access to digital assets. He confirmed that eToro is committed to enabling retail investors to create long-term financial portfolios.
Post-SEC Settlement Enables Expansion
eToro scaled back its crypto services in 2021 after regulatory pressure, keeping only three tokens available to U.S. users. In September 2024, the company reached a settlement with the SEC regarding claims of operating as an unregistered broker and clearing agency.
As part of the settlement, eToro retained the flexibility to reintroduce assets when conditions allowed. McCormick confirmed this change in policy, stating, “The deal gave us flexibility to add tokens back when the time felt right, and that time is now.”
Following its IPO success, where the platform raised approximately $310 million, eToro has returned to expansion. The company continues to hold a strong position in the market, with a presence in 75 countries.
Crypto Trading Gains Momentum on eToro
Crypto now represents 37% of eToro’s Q1 2025 trading commissions, showing increased activity among its user base. The company’s decision to restore ADA and other assets aligns with this growing demand.
The relisting of Cardano is in line with a larger plan to deepen its US crypto footprint. eToro is likely to continue to expand its services in compliance with new regulatory regimes.
