eToro Q2 financial report: Trading volume decreased by 73% year-on-year, cryptocurrency business under pressure

According to GlobeNewswire, eToro released its Q2 2026 financial report, showing a significant cooling in its digital asset business at the trading level, but the company continues to advance the infrastructure construction of on-chain finance.

In terms of trading data, eToro's cryptocurrency trading volume in July was 1.4 million transactions, a year-on-year decrease of 73%; the average investment amount per cryptocurrency transaction was $182, a year-on-year decline of 50%. The revenue related to cryptocurrency assets in Q2 was $1.346 billion, down from $1.915 billion in the same period of 2025. Despite the decline in cryptocurrency business revenue, the company's overall net profit still grew by 77% year-on-year to $53.48 million.

In terms of cryptocurrency strategic layout, eToro completed the acquisition of the digital asset self-custody platform Zengo and the Israeli cryptocurrency trading platform Bit2C in Q2 to strengthen its self-custody service capabilities and promote the integration of traditional finance with the on-chain economy. At the same time, the company also made a strategic investment in the on-chain perpetual contract platform Extended and became a founding partner of the Open USD stablecoin ecosystem alliance, further increasing its investment in on-chain trading and stablecoin infrastructure.

As of the end of Q2, eToro's held cryptocurrency assets amounted to $49.95 million, down from $62.61 million at the end of 2025.