eToro said
the value of customer assets on its platform reached $20.1 billion in May, up
18% from a year earlier, as heavy stock and commodities trading offset another
drop in crypto activity.

The
preliminary figures also showed the trading app leaning on two recent
acquisitions to lift its headline account growth.

The monthly
snapshot extends a pattern that has run through eToro’s data all year, with
traditional markets activity rising while digital assets fade.

Capital
markets trades, a bucket covering stocks, commodities and currencies, rose 59%
from May 2025 to 64 million.

Crypto
trades fell 31% to 2.2 million over the same stretch, deepening a pivot from crypto toward traditional
markets that the
Nasdaq-listed broker has reported…