eToro's Crypto Volume Plummets as Q2 Profit Rises

eToro's crypto trading volume plummeted by 73% year-over-year in July, falling to 1.4 million transactions.

The average investment per trade dropped significantly, down to $182, indicating reduced retail participation in digital assets during the month.

Despite this decline, eToro reported a 77% increase in second-quarter net profit, reaching $53 million, due to strong performance in traditional asset classes such as equities and ETFs.

This divergence highlights how eToro's diversified platform can buffer against sector-specific slumps.