$ETH

The IPO of Bullish sends a clear message to capital: you can invest in this type of digital assets.

You have access to accounting, a regulatory framework is in place, and a valuation logic exists.

This is a positive signal not only for BTC and ETH $ETH but also for stablecoins.

The shift in market expectations does not happen through isolated announcements,

but through changes in framework.

When regulation stops avoiding cryptocurrencies, and digital assets begin to line up for regulated IPOs, it marks the beginning of a true valuation model.