#BullishIPO
#BullishIPO is trending because Bullish, a crypto exchange, went public on the NYSE under ticker BLSH.
IPO priced at $37/share, raised about $1.1B, and valued the company at $5B+.
Stock soared to $118 on day one before settling around $80.
Backed by Peter Thiel and owner of CoinDesk, Bullish is seen as bridging crypto and Wall Street.
The hashtag also reflects a wider bullish mood in IPO markets, with investors chasing hot new listings.
⚡ In short: it’s trending because of Bullish’s explosive IPO debut and the optimism it represents for crypto in traditional finance.