EToro is doubling down on crypto. The trading platform reiterated its commitment to digital assets Wednesday, even as its own numbers show a drop in crypto derivatives activity during the first quarter. CEO Yoni Assia remains bullish, telling reporters he expects crypto to reclaim all-time highs before 2026 is out.
The Q1 trading picture
Crypto derivatives trading on eToro declined in Q1. The company didn't break out exact figures, but the drop comes after a volatile 2025 that saw retail interest in leveraged crypto products cool. The broader market has been choppy this year, with bitcoin trading sideways for weeks. Still, eToro isn't backing away from its crypto offerings. The platform continues to list new tokens and expand access to spot trading in several regions.
Why Assia isn't worried
Assia says the downturn is temporary. He's betting on a second-half recovery, pointing to institutional inflows and improving regulatory clarity in key markets like the EU and parts of Asia. “Crypto will hit new highs this year,” he said. That's a bold call given the current sentiment, but eToro has weathered similar cycles before. The company has been in crypto since 2013 and has seen its fair share of booms and busts.
The firm is leaning into its social trading features to keep users engaged while volumes are low. It's also eyeing a potential US expansion, though no timeline has been announced. For now, the message from Tel Aviv is clear: eToro isn't going anywhere. Whether Assia's prediction pans out will depend on how the rest of the year plays out — but the CEO is putting his chips on the table.
