BLSH Stock — Bullish

Bullish (BLSH)

Updated October 16, 2026.

BLSH is a Stock. Total return is -20.3% over the past 1.2 years, 40.7 points behind SPY at 20.4%.

Bullish is a global digital asset platform that operates a spot and derivatives exchange combining central limit order book matching with automated market making, and provides market infrastructure and information services including CoinDesk Indices, market data and analytics, and digital asset news and analysis. The company does not currently have an established distribution schedule. This business appeals to investors interested in digital asset and cryptocurrency market infrastructure.

BLSH performance versus SPY

Price and return data through 2026-10-16.

Total return is -20.3% over the past 1.2 years, 40.7 points behind SPY at 20.4%. Its deepest 1-year drawdown was 62.9%.

BLSH key facts

Asset type

Stock

Asset class

Equity

Inception date

08/12/2025

Distribution frequency

None

Last close

$29.49 (as of 2026-10-16)

Market cap

$4,472,109,724

Average volume

1219971.0

Beta

2.7832

Payout ratio

0.0%

Forward P/E

58.8235

EPS

$-9.70

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BLSH risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 62.9%.

Who may consider BLSH — and who may not

It is a weaker fit for investors who need monthly cash flow (BLSH does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on BLSH

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Tagged: Technology.

Frequently asked questions