Retail brokerage stocks rally as Bitcoin jumps and crypto innovations gain regulatory attention.

Retail brokerage stocks like Webull, Robinhood, and Coinbase rose sharply as Bitcoin surged to around $68,500, up 6% in 24 hours. Webull's shares climbed ahead of its Q2 earnings report, expected to show revenue growth despite a slight EPS dip. Robinhood is pushing U.S. regulators to approve tokenized stocks, aiming to modernize financial markets and expand ownership access. Coinbase benefited from the broader crypto rally and a friendlier regulatory environment, though its stock remains down year-to-date. Investors will watch Webull's earnings, regulatory developments on tokenization, and whether Bitcoin maintains its gains to gauge the fintech sector's momentum.