According to CoinMeta, the NASDAQ-listed stock and crypto asset trading platform eToro (NASDAQ: ETOR) released its third-quarter financial report on November 10. Net profit decreased by 74% year-on-year to $15 million, and net revenue fell by 13% to $186 million, mainly due to a reduction in crypto trading activity. Adjusted EBITDA decreased by 56% year-on-year to $34 million. In October, the number of crypto transactions decreased by 62% to 2 million, and the average amount per transaction fell by 29% to $228. As of the end of the third quarter, the number of funded accounts on the platform increased by 18% year-on-year to 4.39 million, with a customer-managed asset size of $20.8 billion. The company also announced a stock repurchase plan of up to $250 million.