According to @StockMKTNewz, Bullish's CEO said on CNBC that 6 million of the 30 million BLSH IPO shares were allocated to retail investors, a higher percentage than most IPOs, source: @StockMKTNewz. This equals a 20 percent retail allocation in the BLSH deal, quantifying 6 million shares placed with retail accounts ahead of the debut for traders assessing day-one liquidity and opening auction order-imbalance dynamics, source: @StockMKTNewz.

According to @StockMKTNewz, Bullish’s IPO could see a rough first trading day if allocations skew toward retail rather than institutions, signaling potential volatility at the open, source: @StockMKTNewz. According to @StockMKTNewz, traders should closely watch opening indications and early liquidity as the comment flags elevated near-term risk for the debut session, source: @StockMKTNewz.

According to @MilkRoadDaily, Bullish is debuting today under ticker BLSH at an opening price of $37 per share. @MilkRoadDaily adds that BlackRock and ARK Invest plan to purchase up to $200 million of BLSH shares and notes the company is backed by Peter Thiel. @MilkRoadDaily also points out that this listing follows the big debut of $CRCL and suggests more crypto-related IPOs may follow.

According to @hamster_kombat on X on Aug 12, 2025, key trading updates include that Trump is open to Nvidia selling scaled-down AI chips to China, FTX customers aim to strengthen their case against Fenwick & West, and Thiel-backed Bullish has upsized its IPO to 990 million at a 4.8 billion valuation (source: @hamster_kombat).