NewsLayer

Install NewsLayer

Get the app experience — one tap from your home screen, instant loads and breaking-news alerts.

NewsLayer.com
LatestDaily BriefMarkets
NewsLayer PulseLIVE₿BTC$81,402-0.72%ΞETH$2,417-0.54%◎SOL$104.37-0.60%✕XRP$1.3-1.97%ÐDOGE$0.0801-1.12%₳ADA$0.2241-2.25%Total Cap$2.89T+0.00%24H Vol$497.3BLayer Index44 Neutral
BreakingThree Canadian Armed Forces Members Charged in Kidnapping of Crypto Exchange Owner10 saat önce
Markets
HomeMarketsCrypto

Markets|Crypto

Crypto generated about 1% of Webull’s record $198M Q2 revenue

While Webull reported a record $198 million in second-quarter revenue, cryptocurrency trading only generated about $2.25 million of the quarter’s revenue stream.

Cointelegraph by Zoltan Vardai

Publisher Cointelegraph

Aug 20, 2026 at 11:05 AM UTC · 1 dk okuma

Crypto generated about 1% of Webull’s record $198M Q2 revenue
Image via Cointelegraph
Çevriliyor…

Webull said Wednesday that cryptocurrency trading accounted for $2.25 million, or a little over 1% of the platform’s record $198 million revenue for the second quarter of 2026.

Revenue for the period was up 51% year-over-year, according to online brokerage and digital trading platform’s Wednesday earnings release.

That’s as equity and options trading generated $112 million of the quarterly income, or about 56% of the total $198 million.

Reach crypto's most engaged readers — advertise mid-article on NewsLayer
Sponsored

Reach crypto's most engaged readers — advertise mid-article on NewsLayer

NewsLayer

Ad

“For the first time, probably in the last nine months, I am starting to see the clouds start to part in the crypto business, and that is a very positive thing,” Webull president and director Anthony Michael Denier said during a Wednesday earnings call. He added that the company was in the process of gradually rolling out crypto deposit and withdrawal capabilities.

Online brokerage Robinhood also posted record quarterly results on July 30, but its crypto transaction revenue fell 38% to $100 million, from about $160 million a year earlier. 

Cointelegraph has approached Webull for more details about its cryptocurrency trading revenue compared to previous quarters.

The platform’s quarterly revenue came in slightly above Wall Street consensus of $194.5 million, according to analyst estimates compiled by Yahoo Finance. Webull’s stock price rose 8.9% on Wednesday and was up nearly 15% in pre-market activity on Thursday, changing hands at $9.98 a shareas of 10:37 am UTC.

Bitcoin · 30-day price▲ 0.7%
$86,594$83,736$80,878
Sep 18Sep 27Oct 7Oct 17

Bitcoin moved from $80,878.1 to $81,414.8 over the last 30-day period, a gain of 0.7 percent.

Source: Kraken · NewsLayer Markets · Updated bir dakika önce

Magazine: Why Ray Dalio says Bitcoin can’t replace gold

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s

Editorial Policy

and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

#markets#crypto

Sourced by

Originally reported by Cointelegraph

NewsLayer coverage based on externally reported material.

The Daily Brief

The onchain economy, before your day starts.

Curated markets, onchain insights, and key headlines — delivered every weekday morning.

Weekdays · Free · ~5 minute read

0

Applause

Was this article helpful?

Market Context

₿

Bitcoin

BTC

$81,391

-0.73% (24H)

$82,532$81,777$81,023
2 AM9 AM5 PM1 AM

Market Cap

$1.64T

24H Volume

$21.1B

24H High

$82,826

View Bitcoin Market Page

Article Intelligence

Topics

marketscrypto

Regulation Signal

in progressUpdated 2 ay önce

SEC Crypto Asset Market Structure Rulemaking

Related Coverage

CryptoCrypto Inflation Update: Bitcoin and ETH Recover From Intraday Lows as Remittix Approaches Its First Market Cycle4 saat önce · 1 min readCryptoSazmining Now Sells Jack Dorsey’s Proto Immersion Hashboards6 saat önce · 1 min readCryptoHot Inflation Data Puts Bitcoin Under Pressure, but ‘Difficult’ Isn’t ‘Bearish’: CoinShares7 saat önce · 1 min read
View all related

Sponsored

Ad
House — Advertise on NewsLayer
NewsLayerLearn more

NewsLayer Premium

Unlock deeper intelligence.

Ad-free reading, exclusive research, and real-time onchain insights.

Go Premium

Previous Story

Current price of Bitcoin for Aug. 20, 2026

Next Story

Trump Hosts Crypto Leaders as SEC, CFTC Policy Moves Put US Markets on Watch

Keep Reading

İlgili Haberler

UNCX İstismarı, Bildirilen 1,5 Milyon Dolarlık Kaybın Arkasındaki Pay Muhasebesi Kusurunu Ortaya Çıkardı
Son Dakika
GÜVENLİK İHLALİ

UNCX İstismarı, Bildirilen 1,5 Milyon Dolarlık Kaybın Arkasındaki Pay Muhasebesi Kusurunu Ortaya Çıkardı

UNCX istismarı, bildirilen 1,5 milyon dolarlık kaybın arkasındaki pay muhasebesi kusurunu ortaya çıkardı Crypto News

6 saat önce

1 dk okuma
Kraken Sahibi Payward, Litvanya’nın Saldo Bank’ını Satın Almayı Kabul Ederek AB’den Bir Banka Satın Alan İlk Kripto Şirketi OlduKRİPTO HATTI

Kraken Sahibi Payward, Litvanya’nın Saldo Bank’ını Satın Almayı Kabul Ederek AB’den Bir Banka Satın Alan İlk Kripto Şirketi Oldu

Kraken Sahibi Payward, Litvanya’nın Saldo Bank’ını Satın Almayı Kabul Ederek AB’den Bir Banka Satın Alan İlk Kripto Şirketi Oldu eGamers.io

3 saat önce

1 dk okuma
'Kripto Kralı' banka kayıtları, yatırımcıların 36.3M dolarının yarısına yakınını kendisine harcadığını gösteriyorKRİPTO HABERLERİ

'Kripto Kralı' banka kayıtları, yatırımcıların 36.3M dolarının yarısına yakınını kendisine harcadığını gösteriyor

'Kripto Kralı' banka kayıtları, yatırımcıların 36.3M dolarının yarısına yakınını kendisine harcadığını gösteriyor CBC

3 saat önce

1 dk okuma
NewsLayer.com

The front page of the onchain economy. Crypto, Web3 and regulation intelligence — live prices, original research and policy tracking in one layer.

Follow on XTelegram

News

  • Latest News
  • The Daily Brief
  • Crypto
  • DeFi
  • Policy
  • Web3
  • Blockchain
  • Explainers

Markets

  • Market News
  • Layer Index
  • Live Charts
  • DeFi Protocols
  • Regulation Tracker
  • Regulation Radar

Company

  • About NewsLayer
  • Advertise
  • PR Publication
  • Become an Author
  • Our Authors
  • Create Account
  • Sign in

Resources

  • Research
  • NewsLayer Originals
  • My Feed
  • Search
  • AI Sector
  • Quantum Sector

NewsLayer Premium

Read the full layer.

Unlock premium intelligence, original research and an ad-free reading experience.

  • Premium Intelligence briefings
  • Ad-free reading experience
  • Members-only research & data
Go Premium

© 2026 NewsLayer.com — The front page of the onchain economy

Privacy Policy·Terms of Service
NewsLayer

Get the signal, not the noise.

Markets, regulation and onchain intelligence in a 5-minute morning read — plus breaking alerts and Layer Index flips as they happen.

The Daily Brief

Breaking alerts

Index flips

Free · No spam · Unsubscribe anytime