eToros Crypto Revenues Plunge 30% Amid Shift Towards Stocks

eToro's quarterly results reveal a significant decline in its crypto revenues, driven by a collapse in retail transactions and a marked decrease in average invested amounts.

In Q2 2026, eToro recorded a 30% drop in its crypto revenues to $1.34 billion, compared to $1.9 billion in the same period last year.

The decline in crypto trading volume has forced eToro to strengthen its diversification and accelerate strategic acquisitions with TradeZero and Zengo.

eToro's Chief Financial Officer, Meron Shani, emphasized the increasing permeability between asset classes, stating that 'more than 60% of users who traded commodities between Q4 2025 and Q1 2026 then traded stocks in Q2 2026, and nearly nine out of ten of them also traded cryptos on eToro.'