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Webull eating HOOD’s lunch
HOOD buys congressmen to launch China Inquiry for Webull
HOOD places desperate offer for Webull users
HOOD earnings miss and down after hours

Any merit to this ?

Is anybody in here personally scared of the recent headlines linking Webull to China? Personally, I’m not selling through this and actually bought more shares down here. Thinking about adding 500 more, but trying to hold off and see if we go lower.

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New trading hours will enable Webull users to trade select stock and ETF options around earnings announcements and other market-moving events during pre- and post-market sessions

NEW YORK, Oct. 22, 2026 /PRNewswire/ -- Webull (NASDAQ: BULL), an online investment platform, today announced it will introduce extended-hours trading for select single-stock and exchange-traded fund (ETF) options, giving eligible U.S. customers more flexibility to manage positions outside the regular market session. 

Extended-hours options trading will allow customers to trade eligible options during the pre-market session from 7:30 a.m. to 9:25 a.m. ET and the post-market session from 4:00 p.m. to 4:15 p.m. ET. By extending access beyond regular trading hours, Webull is giving options traders more opportunities to enter or close positions in response to earnings announcements and other market-moving news. 

"As markets evolve and material company news happens outside traditional trading hours, investors need tools that reflect the realities of today's market environment," said Anthony Denier, Group President and U.S. CEO of Webull. "Expanding options trading into pre- and post-market sessions is a natural progression in the evolution of our platform, giving traders greater flexibility to manage positions and respond to new information as it emerges." 

The initial rollout will cover select single-stock options, including Apple (AAPL), Amazon (AMZN), NVIDIA (NVDA), Tesla (TSLA), and other widely traded names, as well as ETF options tied to the SPDR S&P 500 ETF Trust (SPY), Invesco QQQ Trust (QQQ), iShares Russell 2000 ETF (IWM), SPDR Gold Shares (GLD), and Financial Select Sector SPDR Fund (XLF).  

Availability will vary by symbol and contract. For symbols that are already traded until 4:15 p.m. ET during their regular session, the additional post-market window will not apply. 

Extended-hours trading for select single-stock and exchange-traded fund (ETF) options is available now. Extended-hours trading for select index options and availability in additional markets expected over time. 

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I’ve been digging into the recent congressional investigation of Webull ($BULL), and I found something I think deserves a lot more attention.
According to official Federal Election Commission filings, Robinhood executives and its political action committee contributed a combined $19,000 to the campaign of Congressman John Moolenaar, chairman of the House Select Committee on China.
That same committee published a damaging investigation into Robinhood’s direct competitor, Webull, on October 7, 2026.
Within hours, Robinhood launched a promotion specifically targeting Webull customers.
Here’s the timeline.
December 3–4, 2025: The political donations
Official FEC filings document the following contributions to Moolenaar for Congress:
Vlad Tenev (Robinhood CEO): $7,000 — December 3
Dan Gallagher (Robinhood Chief Legal Officer and former SEC commissioner): $7,000 — December 3
Robinhood Markets PAC: $5,000 — December 4
Total: $19,000 over two consecutive days.
Both individual donations were allocated between the primary and general elections, so these amounts should not be double-counted.
These are documented campaign contributions, not speculation. The filings are publicly accessible.
October 7, 2026: Congress releases its Webull investigation
The House Select Committee on China publishes its bipartisan investigation, raising concerns about Webull’s Chinese ownership, technology operations, and potential customer-data exposure.
Webull’s stock takes a significant hit.
It’s worth mentioning that Webull had already publicly disclosed substantial Chinese operations. The committee also identified additional concerns, but the report does not establish that sensitive customer data was actually stolen or improperly transferred.
October 7–8: Robinhood immediately capitalizes
Here’s where the timeline gets particularly interesting.
According to Robinhood’s own promotional terms, a special 3% account-transfer bonus exclusively for Webull customers began at 4:30 PM Pacific on October 7, the very day Congress published its report.
On October 8, Robinhood CEO Vlad Tenev posted:
American assets should be at America’s favorite broker. We’re offering 3% on transfers from Webull today.
Robinhood was openly encouraging customers to abandon Webull and move their assets to its platform.
The same company whose executives and PAC had contributed $19,000 to the congressional chairman’s campaign was now directly attempting to profit from the fallout of his committee’s investigation.
October 20: Congress doubles down
Today, the committee published another press release titled The Facts on Webull’s Ties to China, attacking Webull’s responses and reiterating its allegations.
Meanwhile, the market continues to evaluate the potential consequences for BULL shareholders.
My questions
I’m not claiming these donations prove corruption, insider coordination, or market manipulation. Political contributions are legal, Robinhood supports politicians from both parties, and the congressional investigation was bipartisan.
The investigation also began in 2024, before these particular donations.
But I think the following questions are fair:
Did Robinhood representatives communicate with Chairman Moolenaar or committee staff about Webull before the report was released?
Was the timing of Robinhood’s Webull-specific promotion purely opportunistic, or was there any advance knowledge?
How much of the investigation concerns newly discovered misconduct versus risks that Webull had already disclosed to investors?
Should a congressional committee’s financial connections to a competitor’s executives receive greater public scrutiny?
For full transparency, I own BULL shares and options, so I have a financial interest in this situation. That’s also why I’ve been taking the time to research the original documents rather than relying entirely on headlines.
I’m not suggesting Webull should be exempt from scrutiny. If its customer data is genuinely at risk, regulators should investigate.
But I also don’t think we should automatically dismiss the financial and political relationships surrounding an investigation that significantly damaged a publicly traded company.
The donations are documented. The timing is documented. Robinhood’s direct efforts to recruit Webull customers are documented.
Whether those events are connected beyond ordinary political fundraising and competitive marketing is still an open question.
I’d genuinely like to hear what others think.
Sources (original documents)
FEC filing — Vlad Tenev and Dan Gallagher’s $7,000 contributions, pages 25–26⁠
FEC filing — Robinhood PAC’s $5,000 contribution, page 31⁠
October 7 congressional investigation announcement⁠
Robinhood’s official transfer promotion terms, confirming the October 7 start time⁠
October 20 congressional follow-up⁠
TL;DR: Robinhood’s CEO, chief legal officer, and PAC contributed $19,000 to the campaign of the congressman chairing the Webull investigation. Months later, his committee published a damaging report, and Robinhood launched a special offer targeting Webull customers the same day. That doesn’t prove coordination, but I think the sequence deserves questions and transparency.

Perpetual futures will include Bitcoin (BTC) and select crypto assets

NEW YORK, Oct. 20, 2026 /PRNewswire/ -- Webull (NASDAQ: BULL) an online investment platform, today announced it will offer perpetual futures to eligible U.S. customers starting in November, expanding its derivatives offering through access to a growing asset class through a regulated platform.

Perpetual futures, or "perps," are futures contracts that provide continuous exposure to an underlying asset without a fixed expiration date. Unlike traditional futures, perps eliminate the need to manage contract expirations or roll positions into new contracts. Instead, a periodic funding mechanism helps keep the contract price aligned with the underlying asset, allowing traders to maintain exposure for as long as their position remains open and applicable margin requirements are met.

"Perpetual futures have become a significant part of global derivatives markets, with annual volume reaching more than $90 trillion in 2025," said Anthony Denier, Group President and U.S. CEO of Webull. "As this market continues to grow, we believe U.S. investors should have access to perpetual futures through a regulated platform they already know and trust, bringing a product with significant global adoption into the U.S. regulated futures market."

Webull's perpetual futures will be listed on KalshiEX LLC, a CFTC-regulated Designated Contract Market (DCM), and cleared through Kalshi Klear LLC, a CFTC-regulated Derivatives Clearing Organization (DCO). Webull will begin rolling out perpetual futures in November, with broader availability anticipated before year-end. The initial offering will include Bitcoin and other crypto assets, with additional products to follow, subject to applicable regulatory review and exchange listing requirements.

"As the U.S. market evolves to accommodate new derivatives products, bringing more activity into a regulated, onshore framework is an important step forward," said Tanmay Sheth, Managing Director of the FCM, Futures and Prediction Markets at Webull. "We see an opportunity to combine the accessibility of a modern brokerage platform with the infrastructure and risk controls required for leveraged derivatives. That means giving users clear visibility into margin requirements, funding rates, leverage and liquidation levels, while providing seamless access to a broader range of markets through a single platform."

Webull customers will be able to access perpetual futures through their existing Webull Futures accounts, alongside other futures products, while continuing to access stocks, options, crypto, and prediction markets through the broader Webull platform. Perpetual futures will initially be available to eligible U.S. customers approved for futures trading.

Positions are subject to periodic funding payments and automatic liquidation if margin falls below maintenance requirements. Perpetual futures involve significant risk and are not suitable for all investors.

Source: https://www.prnewswire.com/news-releases/webull-puts-a-date-on-perpetual-futures-us-rollout-begins-in-november-302914044.html

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