eToro's second-quarter 2026 results showed a sharp slowdown in crypto-asset trading activity, even as the company continued to widen its on-chain finance strategy. The company reported 1.4 million crypto trades in July, down 73% from a year earlier, while the average amount invested per crypto transaction fell 50% to $182. Crypto-asset-related revenue totaled $1.346 billion, below $1.915 billion in the same period of 2025. Despite the decline in crypto trading metrics, overall net profit for the second quarter rose 77% year on year to $53.48 million. eToro also deepened its crypto strategy in the quarter by acquiring digital-asset self-custody platform Zengo and Israeli crypto exchange Bit2C, making a strategic investment in on-chain perpetual contracts platform Extended, and joining the Open USD stablecoin ecosystem alliance as a founding partner. As of the end of the second quarter, eToro held $49.95 million in crypto assets, down from $62.61 million at the end of 2025.