February saw eToro investors step up their trading pace, driving an 81% jump in activity across capital markets despite a slowdown in crypto. The fintech firm’s latest monthly figures reveal a mixed picture of investor priorities but an overall strong momentum in platform growth.
Trading Rises, Average Investment Shrinks
The Nasdaq-listed eToro reported $17.6 billion in assets under administration, a 13% rise from a year earlier. The platform counted 3.9 million funded accounts, marking a 10% year-over-year increase.
The number of trades in capital markets reached 70.2 million, up sharply from 38.8 million in February last year. Despite the volume surge, the average invested amount per trade dropped by 35% to $180.
Source: eToro
The most recent developments that could be feeding into February’s metrics are eToro’s product expansion and brand‑building push, especially in Europe and mainstream sports. It includes recent sports sponsorship deals with four French soccer clubs and Formula One through a partnership with BWT Alpine F1 Team.
Read more: eToro Posted Record Revenue. So Why Is the Stock Struggling?
Additionally, early this year, eToro added 250 UCITS ETFs, with plans for “hundreds more” aimed mainly at European users. This broadened low‑cost, diversified options and can encourage more deposits and trading in traditional markets, which fits with the sharp rise in capital markets trades and money transfers.
Crypto Activity Slows Down
While equity and commodities trading accelerated, crypto volumes took a step back. Cryptocurrency trades fell 36% year-over-year to 3.3 million, down from 5.1 million a year earlier. The average invested amount per crypto trade declined slightly by 4% to $254.
The moderation in crypto activity may reflect reduced volatility in major tokens or a broader pivot toward traditional markets as investors recalibrate strategies following the early-year crypto rally.
Interest-earning assets grew 8% from last year to $6.9 billion, while total money transfers surged 61% to $1.3 billion. The increase in transfers hints at greater client engagement and liquidity movement across eToro’s investment ecosystem.
Last month, eToro reported record results for the last quarter of last year. It included higher net contribution and profit, and highlighted strong January KPIs such as a 17% year‑over‑year increase in interest‑earning assets and a 68% jump in total money transfers.
This article was written by Jared Kirui at www.financemagnates.com.FinTechRead More
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