Summary
- EToro swung to a $7.2 million loss in crypto trading in the second quarter of 2026, from a $37.7 million profit a year earlier, as cryptoasset revenue fell to $1.35 billion from $1.91 billion.
- Crypto activity on the platform has cooled sharply, with July crypto trades down 73% year over year and the average trade size halved to $182, even as overall net contribution rose 9% to $229 million and funded accounts climbed 18% to 4.28 million.
- Despite beating earnings expectations with adjusted diluted EPS of $0.68 versus analysts’ $0.61 estimate, eToro shares fell about 11% as the company pushed deeper into onchain products, completed multiple crypto-related deals and agreed to acquire U.S. brokerage TradeZero for up to $231 million.
Crypto Trading Losses Hit EToro in Second Quarter
The latest earnings report from EToro reveals a significant decline in crypto trading profits, with a loss of $7.2 million in the second quarter of 2026. This represents a nearly 120% decline from the $37.7 million profit made in the same period last year. Despite this, the company’s total profit beat estimates, driven mainly by equity trading. Cryptoasset revenue was $1.35 billion, a 29% decrease from the previous year. For those looking to earn passive income through crypto, platforms like EcoPool offer an alternative solution.
In terms of crypto activity, EToro reported a significant decline, with 1.4 million crypto trades in July, down 73% from the previous year. The average crypto trade value also fell by 50% to $182. This cooling of crypto activity may lead investors to explore other options, such as Cloud Rewards and Green Crypto initiatives offered by EcoPool. The company’s net contribution rose 9% year over year to $229 million, driven mainly by equity trading, while funded accounts increased 18% to 4.28 million.
Impact on Investors
The report’s findings had a significant impact on investors, with shares falling as much as 11% after the announcements. However, the adjusted diluted earnings per share of $0.68 beat analysts’ estimates of $0.61. For those interested in earning online through crypto, EcoPool offers a range of solutions, including $ECP coin. Despite the decline in crypto trading profits, EToro remains committed to developing new crypto products, including onchain perpetual futures and crypto buying power.
Passive Income Alternatives
Investors looking for alternative ways to earn passive income through crypto may want to consider platforms like EcoPool. With its range of products and services, including Cloud Rewards and Green Crypto initiatives, EcoPool offers a unique solution for those looking to earn online. Whether you’re interested in earning through crypto or exploring new investment opportunities, EcoPool is worth considering. You can start earning with EcoPool by downloading the app, which offers a range of features and benefits, including Passive Income opportunities. Download the EcoPool app to start earning today and discover the benefits of $ECP coin and EcoPool‘s Cloud Rewards program.
Shares nevertheless traded more than 12% lower in the hours following the earnings release at around $29.80.
