eToro Reports Surge in October Crypto Trades, Plans Feature-Rich Wallet
eToro’s strong Q3 2025 performance includes a $150 million share buyback, rising profits, and crypto-driven asset growth, signaling confidence despite a post-IPO stock decline.
According to its official Q3 2025 release, eToro announced a $150 million share buyback after its stock fell 30% from its IPO price. The company reported net profit of $56.8 million, up from the prior year, with active funded accounts increasing 16% to 3.7 million. Assets under management grew 76% to $20.8 billion, largely driven by its crypto trading business. Crypto revenue rose to $3.97 billion, supported by expanded asset listings and staking for Cardano, Ethereum, and Solana. October crypto trading volume surged 84% year-on-year, and the platform plans to launch a feature-rich wallet integrating prediction markets, lending, and tokenization.
- Prediction markets: Blockchain-based platforms where users trade on the outcome of future events, using cryptocurrencies or tokens.
- Tokenization: The process of converting real-world assets into digital tokens on a blockchain, enabling fractional ownership and easier transfer.
- Crypto wallet: A digital application that stores cryptocurrency assets, allowing users to send, receive, and manage tokens securely.