{"id":41785,"date":"2025-08-12T16:31:54","date_gmt":"2025-08-12T16:31:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41785"},"modified":"2025-08-12T16:31:54","modified_gmt":"2025-08-12T16:31:54","slug":"crypto-trading-drove-over-90-of-etoros-second-quarter-revenue","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41785","title":{"rendered":"Crypto Trading Drove Over 90% of eToro\u2019s Second Quarter Revenue"},"content":{"rendered":"<div>\n<p>Crypto trading remained the backbone of eToro\u2019s business in the second quarter, generating roughly 91% of the company\u2019s total revenue, according to its latest <a href=\"https:\/\/investors.etoro.com\/static-files\/229d7050-80b8-42cc-bd5a-d9cc65f586d6\">earnings report.<\/a><\/p>\n<p>That\u2019s down slightly from the 93% share recorded in the first quarter, suggesting a modest increase in the contribution from equities and other trading segments.<\/p>\n<p>For the three months ended June 30, revenue from cryptoassets totaled $1.91 billion, hit by a small net loss of $8.4 million from crypto derivatives trading.<\/p>\n<p>After subtracting the $1.88 billion cost of cryptoasset revenue, digital asset trading still made up the vast majority of eToro\u2019s $2.09 billion in total revenue, the filing shows.<\/p>\n<p>In <a href=\"https:\/\/investors.etoro.com\/static-files\/49f072c7-a321-4cf3-bcab-556bced78416\">Q1<\/a>, crypto-related revenue reached $3.5 billion, with an additional $77 million gain from crypto derivatives, accounting for more than 93% of the company\u2019s $3.76 billion total revenue.<\/p>\n<p>The company has been increasingly betting on crypto. Last month, it unveiled plans to <a href=\"https:\/\/www.coindesk.com\/business\/2025\/07\/29\/etoro-plans-to-tokenize-u-s-stocks-on-ethereum-in-blockchain-push\">tokenize U.S. stocks<\/a> on the Ethereum blockchain to enhance its trading capabilities.<\/p>\n<p>Etoro went public at $52 a share back in May, raising about $310 million from its Nasdaq listing. The company&#8217;s shares are now trading at $50.7, down more than 8.2% since its trading debut.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto trading remained the backbone of eToro\u2019s business in the second quarter, generating roughly 91% of the company\u2019s total revenue, according to its latest earnings report. That\u2019s down slightly from the 93% share recorded in the first quarter, suggesting a modest increase in the contribution from equities and other trading segments. For the three months [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41785","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41785"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41785\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}