Bullish
Crypto Platform Bullish Wins New York BitLicense, Clearing Path for U.S. Expansion
The digital asset platform is now regulated in the U.S., Germany, Hong Kong and Gibraltar.
Bullish Gets a New $55 Price Target from KBW With U.S. Entry Seen as Key Catalyst
The bank assumed coverage of the crypto exchange with a market perform rating and a $55 price target.
Crypto Institutional Adoption Appears to Be in the Early Phases: JPMorgan
Institutions hold about 25% of bitcoin ETPs, and according to one survey, 85% of firms already allocate to digital assets or plan to in 2025.
Wall Street Sees U.S. Entry as Catalyst for Bullish’s Next Leg Up
The crypto exchange received two buys, one market-perform, and one neutral rating from Wall Street analysts.
ARK Invest Snaps Up $23.5M in BitMine and Bullish Shares Across Flagship ETFs
The purchases, disclosed in recent trade filings, consisted of 387,000 shares of BitMine and 144,000 shares of Bullish, with ARK Innovation ETF (ARKK) leading the way.
Crypto Exchange Bullish's European Arm Wins MiCA License in Germany
Bullish, whose parent company Bullish Group is also the owner of CoinDesk, began trading on the New York Stock Exchange last month.
Bullish Gets Cautious Outlook from Compass Point
The current valuation is hard to justify, said analyst Ed Engel, initiating coverage with a neutral rating and $45 price target.
Ark Invest Buys $21.2M of Bullish Shares and $16.2M Robinhood Shares
The latest allocation follows Ark’s 2.5 million-share buy across three ETFs on Bullish’s first day of trading, a stake then valued at more than $170 million.
Bullish's $1.15B in IPO Proceeds Was Entirely in Stablecoins—A First for Public Market
Stablecoins used in the settlement include dollar- and euro-pegged tokens of Circle, Paxos, PayPal, Ripple and Societe Generale, among others.
Ark Invest Buys More Than 2.5M Bullish Shares on Day of NYSE Debut
Cathie Wood’s firm spread the new holdings across three different funds, ARKK, ARKW and ARKF as the stock continues to surge on its second day of trading.
