{"id":427201,"date":"2026-05-13T16:22:47","date_gmt":"2026-05-13T10:52:47","guid":{"rendered":"https:\/\/dripp.zone\/news\/etoro-income-jumps-37-on-commodities-boom-as-crypto-trading-falls-crypto-news\/"},"modified":"2026-05-13T16:38:33","modified_gmt":"2026-05-13T11:08:33","slug":"etoro-income-jumps-37-on-commodities-boom-as-crypto-trading-falls-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/etoro-income-jumps-37-on-commodities-boom-as-crypto-trading-falls-crypto-news\/","title":{"rendered":"EToro Income Jumps 37% on Commodities Boom as Crypto Trading Falls – Crypto News"},"content":{"rendered":"

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EToro reported first-quarter net income of $82 million, up 37% from a year earlier, as a surge in commodities trading offset weaker crypto activity.<\/p>\n

Net income rose 37% year-over-year to $82 million, compared to $60 million in Q1 2025, the company announced<\/a> Tuesday. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) climbed 35% to $109 million, from $80 million a year earlier, while net contribution grew 19% to $258 million.<\/p>\n

The upbeat results were driven largely by commodities trading, which accounted for roughly 60% of trading commissions in the quarter, with volumes up nearly fourfold year-over-year. The company also expanded its equities offering, adding Japanese stocks to bring its exchange coverage to 26 and activated its BitLicense to launch crypto trading in New York.<\/p>\n

<\/figure>\n

Net revenue and income. Source: EToro<\/em><\/p>\n

Funded accounts grew 12% to 4.02 million, while assets under administration rose 15% to $17 billion. The company held $1.3 billion in cash, cash equivalents and short-term investments as of March 31.<\/p>\n

Related: <\/strong><\/em>Deutsche B\u00f6rse invests $200 million in Kraken parent Payward<\/strong><\/em><\/a><\/p>\n

Crypto trading volumes tumble<\/h2>\n

Despite the surge in commodities trading, crypto volumes took a hit. April data released alongside the earnings showed crypto trade volumes fell 32% year-over-year to two million trades, while the invested amount per trade dropped 22% to $207.<\/p>\n

On the product side, eToro launched an AI-powered Agent Portfolios feature and deepened its partnership with xAI, embedding Grok 4.2-powered market sentiment into Tori, its AI investing agent.<\/p>\n

\"\"<\/figure>\n

EToro shares dip. Source: <\/em>Yahoo! Finance<\/em><\/a><\/p>\n

The company also closed its acquisition of Zengo<\/a>, a self-custodial crypto wallet provider, on April 30, a move CEO Yoni Assia said advances eToro\u2019s strategy of bridging traditional finance with on-chain infrastructure.<\/p>\n

Assets under administration climbed further to $18.7 billion in April, up 19% year-over-year, while total money transfers for the month hit $1.4 billion, up 53%.<\/p>\n

Related: <\/strong><\/em>Block Inc rises 8% as Q1 gives \u2018earnings surprise\u2019 despite Bitcoin dip<\/strong><\/em><\/a><\/p>\n

Crypto exchanges see lower trading volumes<\/h2>\n

As Cointelegraph reported, Coinbase posted a net loss of $394.1 million<\/a> in Q1, its second straight quarterly loss, swinging from a $65.6 million profit a year earlier.<\/p>\n

Revenue came in at $1.41 billion, missing analyst estimates of $1.5 billion, as transaction revenue slumped 40% and subscription and services revenue fell 13.5% year-over-year. Total crypto market cap and trading volume were both down more than 20% quarter-over-quarter.<\/p>\n

Magazine:<\/strong><\/em>\u00a0Guide to the top and emerging global crypto hubs \u2014 Mid-2026<\/strong><\/em><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

EToro reported first-quarter net income of $82 million, up 37% from a year earlier, as a surge in commodities trading offset weaker crypto activity. Net income rose 37% year-over-year to $82 million, compared to $60 million in Q1 2025, the company announced Tuesday. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) climbed 35% to […]<\/p>\n","protected":false},"author":2,"featured_media":427202,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-427201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/427201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=427201"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/427201\/revisions"}],"predecessor-version":[{"id":427203,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/427201\/revisions\/427203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/427202"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=427201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=427201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=427201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}