[eToro's Q1 Crypto Revenue Declines Year-on-Year as Industry Trading Activity Cools] Odaily Planet Daily News – According to the latest financial report from trading platform eToro, crypto asset revenue for Q1 2026 dropped to $2.15 billion, down from $3.5 billion in the same period last year. The total number of crypto transactions on the platform decreased by 32% year-on-year. Despite the weakening trading activity, eToro continued to invest in its crypto business this quarter, including a $70 million acquisition of self-custody wallet company Zengo and the launch of crypto trading services in New York. This trend aligns with the overall performance of the industry. Robinhood saw its Q1 crypto revenue and trading volume decline by approximately 50%, while Coinbase reported a net loss of $394 million, highlighting the cooling market pressures faced by crypto trading platforms at the start of this year.