#BullishIPO It seems like #BullishIPO is trending as an enthusiastic expression of confidence in the IPO market—especially in the case of Bullish, the cryptocurrency exchange that recently went public.

Here’s what’s driving the buzz—and why it’s catching so much attention:

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Highlights of the Bullish IPO

Bullish, a crypto exchange backed by Peter Thiel, went public on the NYSE under the ticker BLSH on August 13, 2025. It priced at $37 per share, above expectations, giving it an IPO valuation of $5.4 billion.

At the opening, the stock soared up to 218%, reaching a high of $118, and at some point pushed the company’s market cap to around $13 billion.

The stock later pulled back to close at $68 on its first trading day.

The IPO success underscores a renewed investor appetite for crypto and tech listings, reflecting a broader comeback in IPO markets.

These explosive gains and market enthusiasm clearly fueled the #BullishIPO hashtag as investors, analysts, and commentators reveled in the dramatic debut.