Crypto’s Next Conquest? It's Bigger Than You Think | Andrew McCormick

Summary

Andrew McCormick, Head of eToro US, discusses his Wall Street-to-crypto path, retail investor behavior, and eToro's market data and IPO. He argues retail investors remain bullish and buy dips, sees long-term value in Bitcoin and crypto amid money printing and eventual regulation, and expects traditional assets to migrate onto blockchain rails. He also highlights Nvidia's DeepSeek selloff as an example of thoughtful retail dip-buying and discusses AI integration at eToro.

• Andrew McCormick describes moving from Wall Street to eToro and bridging traditional finance and crypto.
• Retail investors on eToro are generally bullish, buying dips and holding long term, especially in crypto.
• Andrew sees Bitcoin as a long-term hedge against government money printing and unsustainable federal debt.
• He expects US crypto legislation, including stablecoin rules, to pass this year and benefit the industry.
• Nvidia's DeepSeek-related selloff is cited as a case where retail investors bought the dip.
• Andrew expects stocks and ETFs to eventually trade on blockchain rails, merging crypto and traditional finance.
• eToro's Nasdaq IPO and AI-driven product ambitions are discussed as corporate developments.