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eToro's Q1 Crypto Revenue Drops $1.4B to $2.1B

eToro's Q1 Crypto Revenue Drops $1.4B to $2.1B

EToro's crypto revenue for the first quarter of 2026 fell to $2.1 billion, down $1.4 billion from the $3.5 billion it reported in the prior period. The decline is a notable reversal for the platform's digital asset business.

Revenue decline details

The $1.4 billion drop represents a 40% decrease from the previous quarter. The figures come from eToro's Q1 financial results, which show a sharp pullback in crypto trading activity. The company did not provide a breakdown or explanation for the decline in its report.