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Yoni Assia (eToro CEO) tells CNBC he is very bullish long term on crypto and on Bitcoin as digital gold, framing the current downturn as the usual four-year cycle.
I'm very bullish on crypto, long term, very bullish on Bitcoin as digital gold
Bitcoin since this was said: ▲ +23.5% · 63,916 → 78,925 · as of 2026-09-08
Yoni Assia says eToro's crypto traders moved first into gold, silver and oil in Q4-Q1 and then into equities in Q2.
We've seen a huge transition actually for the first time of crypto traders going into commodities actually trading gold, silver, oil in Q4 and in Q1.
Bitcoin since this was said: ▲ +23.5% · 63,916 → 78,925 · as of 2026-09-08
Yoni Assia says eToro's funded accounts are up 18% year over year and revenue and profit up 9%, driven by crypto customers moving into equities.
We actually are up 18% year over year on funded accounts, 9% in top line and bottom line
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