#BullishIPO Bullish has just made its debut on Wall Street and the crypto world won’t stop talking about it. The exchange, backed by heavyweights like Peter Thiel, debuted on the stock market with an initial price of $37 per share, but the frenzy began when the shares skyrocketed to $118 on the first day. Imagine: almost a 220% profit in hours. This not only shows the hunger for crypto in the traditional market but also marks a turning point for other exchanges that want to follow the same path.

What’s most interesting is who is behind this movement. Big names like BlackRock and Ark Invest put in $200 million, a clear signal that institutions are betting heavily on this model. Bullish is not like Coinbase; it goes directly for the institutional client, and that is precisely what could give it an edge in a market where large funds increasingly want more exposure to cryptocurrencies. That said, not everything is rosy: after the initial hype, the shares corrected by 16%, reminding us that in the stock market, what goes up quickly can come down just as fast.

What does this mean for the future? On one hand, it reinforces the idea that cryptocurrencies are already part of the game on Wall Street, especially with clearer regulations on the way. On the other, it highlights that the path won't be easy, with fierce competition and volatile markets. If you’re wondering if it’s a good idea to enter now, the answer depends on your stomach for volatility.