Blab Crypto
eToros May 2026 Metrics Show Capital-Market Surge Amid Crypto Trade Decline
eToro Group Ltd. released its May 2026 data, revealing a striking shift toward traditional markets while crypto trading contracts.
The platform’s customer asset base climbed to $20.1 billion, an 18 % jump from May 2025. That growth was driven almost entirely by a 59 % rise in capital‑market trades—stocks, commodities and currencies—while crypto activity fell 31 %. The pattern mirrors the year‑long trend of expanding conventional‑market volume, shrinking digital‑asset volumes, and a narrowing average investment per trade.
Capital‑market orders surged to 64 million from 40.3 million a year earlier, yet the average amount invested per trade dropped 36 % to $201 from $313. In contrast, crypto trades slipped to 2.2 million from 3.2 million, and the average stake per crypto trade fell 28 % to $203 from $282. The contraction in trade size, eToro says, reflects a growing share of copy‑trading and automated strategies that spread capital across many small positions.
The company noted that this trend was already visible in its first‑quarter results, where capital‑market trades leapt 90 % while the per‑trade figure fell sharply.
At the end of May, eToro’s funded accounts numbered 4.23 million, up 17 % from 3.61 million a year earlier. A footnote clarified that 110,000 of those accounts stemmed from the firm’s recent acquisitions of Israeli crypto firms Zengo and Bit2C. Removing those users leaves an organic base of 4.12 million, indicating that acquisitions accounted for roughly one‑fifth of the year‑over‑year increase. eToro defines funded accounts as users who have deposited money and placed at least one trade; for Zengo and Bit2C customers the definition extends to anyone with a positive balance.
The Zengo deal, closed at the end of April, gave eToro a self‑custodial wallet that it has linked to prediction markets and other decentralized products. The Bit2C acquisition added additional crypto‑trading users, further expanding the platform’s digital‑asset footprint.
eToro is not alone in seeing crypto volumes cool. Robinhood Markets, a comparable multi‑asset retail broker, reported a 47 % drop in crypto revenue to $134 million in the first quarter, a decline offset by event contracts and options. Interactive Brokers posted 31 % account growth even as trading activity eased after a busy March. Across these platforms, volatility in commodities and equities has supported revenue streams while crypto lines have compressed.
Deposits and cash balances have risen sharply. Total money transfers—tracking deposits, withdrawals and currency funding through eToro’s Money account—doubled from $0.8 billion a year earlier to $1.6 billion. Interest‑earning assets, the balances eToro can earn a yield on, increased 14 % to $7.2 billion. The broker’s push for subscriptions and cash features has made these balances a larger part of its recurring‑revenue model.
In summary, eToro’s May 2026 metrics show a platform that is growing its overall asset base and funded accounts, largely through capital‑market trading and strategic acquisitions. Crypto trading, however, remains a smaller and shrinking component of the business. The company’s shift toward copy trading and automated strategies has reduced average trade sizes, while deposits and interest‑earning balances continue to expand as eToro expands its subscription and cash‑feature offerings. The next quarter will reveal whether the trend toward traditional markets persists and how the platform’s recent acquisitions influence long‑term growth.
The platform’s customer asset base climbed to $20.1 billion, an 18 % jump from May 2025. That growth was driven almost entirely by a 59 % rise in capital‑market trades—stocks, commodities and currencies—while crypto activity fell 31 %. The pattern mirrors the year‑long trend of expanding conventional‑market volume, shrinking digital‑asset volumes, and a narrowing average investment per trade.
Capital‑market orders surged to 64 million from 40.3 million a year earlier, yet the average amount invested per trade dropped 36 % to $201 from $313. In contrast, crypto trades slipped to 2.2 million from 3.2 million, and the average stake per crypto trade fell 28 % to $203 from $282. The contraction in trade size, eToro says, reflects a growing share of copy‑trading and automated strategies that spread capital across many small positions.
The company noted that this trend was already visible in its first‑quarter results, where capital‑market trades leapt 90 % while the per‑trade figure fell sharply.
At the end of May, eToro’s funded accounts numbered 4.23 million, up 17 % from 3.61 million a year earlier. A footnote clarified that 110,000 of those accounts stemmed from the firm’s recent acquisitions of Israeli crypto firms Zengo and Bit2C. Removing those users leaves an organic base of 4.12 million, indicating that acquisitions accounted for roughly one‑fifth of the year‑over‑year increase. eToro defines funded accounts as users who have deposited money and placed at least one trade; for Zengo and Bit2C customers the definition extends to anyone with a positive balance.
The Zengo deal, closed at the end of April, gave eToro a self‑custodial wallet that it has linked to prediction markets and other decentralized products. The Bit2C acquisition added additional crypto‑trading users, further expanding the platform’s digital‑asset footprint.
eToro is not alone in seeing crypto volumes cool. Robinhood Markets, a comparable multi‑asset retail broker, reported a 47 % drop in crypto revenue to $134 million in the first quarter, a decline offset by event contracts and options. Interactive Brokers posted 31 % account growth even as trading activity eased after a busy March. Across these platforms, volatility in commodities and equities has supported revenue streams while crypto lines have compressed.
Deposits and cash balances have risen sharply. Total money transfers—tracking deposits, withdrawals and currency funding through eToro’s Money account—doubled from $0.8 billion a year earlier to $1.6 billion. Interest‑earning assets, the balances eToro can earn a yield on, increased 14 % to $7.2 billion. The broker’s push for subscriptions and cash features has made these balances a larger part of its recurring‑revenue model.
In summary, eToro’s May 2026 metrics show a platform that is growing its overall asset base and funded accounts, largely through capital‑market trading and strategic acquisitions. Crypto trading, however, remains a smaller and shrinking component of the business. The company’s shift toward copy trading and automated strategies has reduced average trade sizes, while deposits and interest‑earning balances continue to expand as eToro expands its subscription and cash‑feature offerings. The next quarter will reveal whether the trend toward traditional markets persists and how the platform’s recent acquisitions influence long‑term growth.
