EToro reiterates commitment to crypto despite falling activity in Q1
Key takeaways
- Published May 13, 2026, 10:12 a.m. 1 min read Make preferred on EToro CEO Yoni Assia remains bullish on crypto.
- Revenue from crypto assets dropped 38% from the year-earlier quarter to $2.15 billion, the company said in its first-quarter earnings report released Tuesday.
- The trading platform said the crypto activity decline extended into April, with the total number of crypto trades falling 32% year-over-year and the invested amount per trade dropping 22%.
Published May 13, 2026, 10:12 a.m. 1 min read Make preferred on EToro CEO Yoni Assia remains bullish on crypto. (Vanja Savic/Wikimedia Commons)What to know: EToro’s first-quarter revenue from crypto assets fell 38% from a year earlier to $2.15 billion, while net trading income from crypto derivatives dropped 57% to $33.4 million.The downturn in digital asset activity continued into April, with the number of crypto trades sliding 32% year over year and the average invested amount per trade off by 22%.CEO Yoni Assia said he expects crypto prices to rebound, activating eToro's BitLicense to begin trading in New York and buying self-custodial wallet provider Zengo.EToro (ETOR) doubled down on its commitment to crypto even as digital asset activity weakened in the first quarter and into April.
Revenue from crypto assets dropped 38% from the year-earlier quarter to $2.15 billion, the company said in its first-quarter earnings report released Tuesday. Net trading income from crypto derivatives fell 57% to $33.4 million while overall net income rose 37% to $82.4 million.
The trading platform said the crypto activity decline extended into April, with the total number of crypto trades falling 32% year-over-year and the invested amount per trade dropping 22%. Despite the downturn, CEO Yoni Assia expressed a bullish outlook.