[eToro's Q1 Crypto Revenue Drops from $3.5 Billion Last Year to $2.15 Billion] According to The Block, eToro's Q1 crypto asset revenue decreased from $3.5 billion in the same period last year to $2.15 billion, with total transaction volume down 32% year-over-year. Despite the slowdown in its crypto business, eToro acquired wallet company Zengo for $70 million during the quarter and launched crypto trading services in New York. The crypto holdings on eToro's balance sheet slightly decreased from $62.6 million at the end of 2025 to $60.5 million, while crypto-related costs dropped from $3.5 billion to $2.1 billion. The company's adjusted EBITDA grew 35% year-over-year to $109 million, net profit increased 37% to $82 million, funded accounts rose 12% to over 4 million, and assets under management grew 15% to $17 billion. Basic earnings per share increased from $0.79 to $0.98.