Goldman Sachs: eToro Crypto Trading Rises 280% Month-over-Month, Price Target Cut to $34
Source:
www.techflowpost.com
According to Chaoxiang Research, a Goldman Sachs research report dated September 14, 2026 states that eToro's August cryptocurrency trading volume reached 5.3 million transactions, up 280% month-on-month and down 4% year-on-year. ECC transactions totaled approximately 52 million, rising 7% month-on-month and 31% year-on-year. Total commissions amounted to $42.8 million, marking a 19.7% month-on-month increase. August saw a net addition of 40,000 accounts, bringing the total account base to around 4.3 million, with assets under management at $20.2 billion. Goldman Sachs has lowered its eToro price target from $36 to $34, maintaining a Neutral rating. At the current price of $30.35, there is a 12% upside potential.