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4mo ago

eToro’s July–August Surge Puts AUA at $19.7 Billion on Crypto-Fueled Trading

Management plans investor briefings using preliminary, unaudited figures at early-September conferences.

Etoro shares surge most in 6 weeks as assets hit nearly $20 billion
Etoro sees assets rise to $19.7b in july–august as funded accounts hit 3.7m

Overview

  • Assets under administration reached $19.7 billion in August, a 77% year-over-year increase from August 2024.
  • Funded accounts rose to 3.69 million, up 15% year over year and slightly above the 3.63 million reported at the end of Q2.
  • Crypto activity accelerated with 10.7 million trades in July–August, up 49% year over year, and an average crypto trade size of $345, up 96%.
  • Capital markets/ECC saw 87.7 million trades in July–August, up 3% year over year, with an average invested amount of $273, up 4%.
  • Interest-earning assets climbed to $7.5 billion and total money transfers reached $1.8 billion for the two months, as eToro expanded access to 210+ Nasdaq Nordic stocks and offered up to 4.3% interest on cash while noting the data are preliminary and unaudited ahead of SEC filings.