BULLISH Stock Price, News & Analysis

Bullish (BLSH) appointed Jay Yarow as President, CoinDesk Insights, effective December 1, 2025. Yarow joins from CNBC, where he was SVP, Executive Editor Digital, and previously served as Executive Editor at Business Insider.

Yarow will lead CoinDesk Insights — the media, events, data and indices business — report to Thomas Farley, and replace Sara Stratoberdha, who will move to a new executive role after two years leading CoinDesk. Bullish highlighted Yarow's experience launching direct-to-consumer products and growing digital audiences as reasons for the hire.

Bullish (NYSE: BLSH) reported third quarter 2025 results with record non-IFRS metrics and product launches. Q3 adjusted revenue $76.5M vs $44.6M year‑ago; adjusted EBITDA $28.6M vs $7.7M; adjusted net income $13.8M vs $(3.1)M. Net income was $18.5M or $0.10 per diluted share vs a loss of $(67.3)M a year earlier.

Business highlights: launched crypto options (14 partners) and surpassed $1B in options volume, launched U.S. spot trading after New York BitLicense approval, ETP wins in the U.S., and liquidity partnerships more than doubled Q3 vs Q2. Management provided Q4 2025 guidance: SS&O revenue $47.0M–$53.0M and adjusted operating expenses $48.0M–$50.0M.

Consensus x SALT (BLSH) will host the Consensus SALT Hong Kong Institutional Summit on February 10, 2026 at the Grand Hyatt, Hong Kong, one day before Consensus Hong Kong's main exhibition.

The partnership combines CoinDesk's Consensus and SALT to gather institutional asset managers, capital allocators, and global decision-makers under Chatham House Rule for one-on-one meetings, expert roundtables, keynotes, and a proprietary meeting app.

Context: Consensus Hong Kong's 2025 debut drew nearly 10,000 attendees from 102 countries, represented > $4 trillion combined AUM, and generated an estimated HK$275M economic impact.

Bullish (NYSE: BLSH) released its October 2025 monthly metrics on November 6, 2025. The published metrics cover trading volume, average trading spread, and measures of volatility for Bitcoin and Ethereum.

For metric definitions and additional details, investors are directed to the monthly metrics packages available on investors.bullish.com.

Bullish (NYSE: BLSH) will release its third quarter 2025 financial results on Wednesday, November 19, 2025. The company will host an earnings conference call at 8:30 a.m. Eastern Time the same day.

A live webcast of the call will be available on the Bullish Investor Relations website at investors.bullish.com, and a replay will be posted on the site following the call.

Bullish (NYSE: BLSH) on October 8, 2025 announced a corporate banking partnership with Deutsche Bank to provide corporate banking services, fiat deposit and withdrawal rails, APIs for real-time reporting and instant payments, and a virtual accounting solution for Bullish Exchange's Hong Kong and German regulated businesses.

The arrangement aims to extend services to other jurisdictions including the U.S. as Bullish expands its regulatory footprint. Bullish reported $1.5 trillion cumulative trading volume since November 2021 and >$2 billion average daily volume in 2025, ranking in the top ten spot exchanges for Bitcoin and Ether.

Bullish (NYSE: BLSH) released its September 2025 monthly metrics on October 7, 2025. The release covers platform-level measures including trading volume, average trading spread, and volatility metrics for Bitcoin and Ethereum. For definitions and full detail, the company directs readers to the monthly metrics packages available on its investor site.

Bullish (NYSE:BLSH) has announced the launch of crypto options trading on October 8, 2025, marking a significant expansion of its derivatives product suite. The platform has secured partnerships with 14 leading trading firms including Galaxy, Flow Traders, and FalconX as day-one trading partners.

The new options offering will complement Bullish's existing services including spot, margin, perpetual futures, and dated futures trading. All options contracts will be settled in USDC and benefit from Bullish Portfolio Margining (BPM), offering enhanced risk management and capital efficiency through a unified trading account.

Since its 2021 launch, Bullish has achieved $1.5 trillion in cumulative trading volume and currently executes over $2 billion in average daily volume. The platform ranks among the top ten exchanges by spot volume for Bitcoin and Ether.

Bullish (NYSE: BLSH), a global digital asset platform, has launched spot trading operations in the United States following its acquisition of BitLicense and Money Transmission License from NYDFS. The platform is now live in 20 states, targeting institutions and advanced traders.

The exchange has demonstrated significant market presence with over $1.5 trillion in cumulative trading volume since late 2021 and ranks among the top ten exchanges for Bitcoin and Ether trading. Day one institutional clients include Nonco and BitGo. The platform features 0% maker fees for institutional accounts and combines a central limit order book with Automated Market Maker (AMM) technology for enhanced liquidity and execution.