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eToro’s Crypto Slide Exposed | Bitcoin and Crypto News

eToro’s Crypto Slide Exposed | Bitcoin and Crypto News

Published 3 weeks, 1 day ago
Description

eToro’s crypto division is in freefall as trading volumes plummet 73% year-over-year and average trade sizes halve, despite a surprising 9% rise in overall net contribution and new funded accounts. Crypto revenue tumbled from $1.9B to $1.35B, and the platform now faces mounting pressure as users trade less and bet smaller — even as they roll out on-chain futures and plan to revive crypto buying power. Meanwhile, eToro’s big U.S. play? A $231M acquisition of TradeZero — no crypto plans yet for the new brokerage. The market’s shifting, and eToro’s crypto engine is sputtering.

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