eToro: quarterly profit falls 74% amid slump in crypto trading
On November 10, eToro published its results for the third quarter of 2026: net profit fell year over year from $57 million to $15 million. Net contribution to revenue decreased 13% to $186 million. The company attributed this primarily to weaker activity in cryptocurrencies.
In October, the number of crypto trades fell 62% compared with October 2025. Meanwhile, the number of funded accounts rose 18% to 4.39 million, and the board approved a $250 million share buyback program. The results show how declining trading activity affects brokers’ revenues even as their customer base grows.
Source: eToro report, November 10, 2026.
#eToro #Крипторынок
On November 10, eToro published its results for the third quarter of 2026: net profit fell year over year from $57 million to $15 million. Net contribution to revenue decreased 13% to $186 million. The company attributed this primarily to weaker activity in cryptocurrencies.
In October, the number of crypto trades fell 62% compared with October 2025. Meanwhile, the number of funded accounts rose 18% to 4.39 million, and the board approved a $250 million share buyback program. The results show how declining trading activity affects brokers’ revenues even as their customer base grows.
Source: eToro report, November 10, 2026.
#eToro #Крипторынок