5 hours ago
The results were peculiarly notable fixed the struggles astatine peers Robinhood and Coinbase.
Feb 17, 2026, 4:15 p.m.
Shares of eToro (ETOR) roseate 14% connected Tuesday aft the institution reported its strongest 4th of 2025, defying a broader downturn successful crypto trading that has weighed connected competitors similar Robinhood (HOOD) and Coinbase (COIN).
The Israel-based banal and crypto trading level posted fourth-quarter gross of $227 million, up 6% from the 3rd quarter, and a grounds nett net of $69 million. Full-year gross for 2025 roseate to $868 million, a 10% summation from $788 cardinal the twelvemonth prior, according to the company's net report.
That show stands successful crisp opposition to rival platforms. Both Robinhood and Coinbase posted weaker-than-expected fourth-quarter results, dragged down by a slump successful trading enactment arsenic crypto prices fell and volatility cooled.
While eToro's gross from crypto assets dropped to $3.59 cardinal successful the 4th quarter, down from $5.8 cardinal successful the aforesaid play the twelvemonth before, the institution made up the shortfall done accrued gross from equities and commodities.
Speaking connected a telephone with analysts, CEO Yoni Assia said that immoderate crypto-focused users had begun shifting their attraction to commodities for the archetypal time.
“I bash deliberation there's somewhat of a convergence oregon a displacement from crypto, which present has little volatility, to present fundamentally gold, metallic and different commodities that person higher volatility,” Assia said.
The level present offers implicit 100 crypto assets to U.S. users, but Assia emphasized the company’s broader positioning successful a shifting market. “We are uniquely positioned arsenic some a natively crypto institution and a planetary equities trading platform,” helium said successful a statement.
He added that eToro is preparing for a fiscal strategy that is moving progressively on-chain, and said the company’s agelong past successful crypto and tokenization puts it successful a beardown presumption to enactment that transition.
Despite the beardown Q4 showing, signs of softening enactment person continued into 2026. eToro reported that January trading volumes totaled 4 cardinal trades, down 50% year-over-year for crypto. The mean invested magnitude per commercialized besides fell, down 34% to $182 from January 2025 levels.
Still, the company’s diversification crossed plus classes appears to person cushioned the stroke arsenic crypto’s downturn stretches into the caller year.
More For You
Crypto custodian BitGo a imaginable acquisition people for Wall Street firms, analysts say
Compass Point and Canaccord telephone BitGo a imaginable acquisition people and support the banal contempt its anemic debut, citing maturation successful organization crypto infrastructure.
What to know:
- Wall Street analysts accidental BitGo’s enlargement into full-service organization crypto concern could thrust semipermanent maturation and marque it an charismatic acquisition people for accepted fiscal firms.
- Analysts reason that investors are overlooking BitGo’s imaginable to cross-sell premier brokerage-style services, which could importantly boost gross if it tin constrictive the spread with rivals similar Galaxy and Coinbase.
- Despite BitGo’s banal falling much than 40% since its January IPO, immoderate analysts presumption the selloff arsenic an overreaction and support bargain ratings, citing the company’s coagulated competitory moat and strategical worth to large banks entering crypto.
English (US) 