#BullishIPO

### Bullish (BLSH) IPO: A Blockbuster Debut on NYSE

**IPO Highlights**

Bullish priced its IPO at **$37/share**, surpassing the expected **$32–$33** range. It raised **$1.1 billion**, with an initial valuation of **$5.4 billion**.

**First-Day Surge**

The stock opened at **$90**, soared to **$118** (a ~218% leap), and closed between **$68–$70**. At its peak, market cap hit **$13 billion**.

**Big Investor Backing**

Heavyweights like **BlackRock** and **ARK Invest** invested, signaling strong confidence in Bullish’s potential.

**2025 IPO Frenzy**

2025’s IPO market is red-hot, with names like Firefly and Figma posting massive first-day gains. Bullish’s debut could fuel further excitement.

**Caution**

Experts warn that such explosive starts often fade over time.

**Investor Takeaway**

Bullish’s debut reflects growing trust in crypto, but long-term success calls for a cautious approach.