Search results for "BLSH"
2026-05-22
02:16

JPMorgan maintains a neutral rating on Bullish, lowering the target price for 2026 to $45.

PANews, November 21, news from The Block reports that JPMorgan maintains a "neutral" rating on the cryptocurrency exchange Bullish (BLSH), despite its Q3 performance exceeding expectations. However, it has lowered the 2026 target price from $46 to $45, due to excluding the stablecoin Interest income from IPO fundraising. The new target price has an upside potential of about 23.3% compared to the current Closing Price of $36.5. Analysts expect that the rise in market Fluctuation in Q4 will improve the trading environment and are optimistic about the early launch of Bullish Options products and the growth of institutional clients.
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10:38

Ark Invest, led by Cathie Wood, has increased its holdings of cryptocurrency stocks by nearly $40 million, including CRC and BMNR.

On Wednesday, as the overall cryptocurrency market fell, Ark Invest went against the trend by increasing its holdings in three cryptocurrency companies worth $39.6 million. An email disclosed that Cathie Wood's investment management firm Ark Invest purchased 463,598 shares of Bullish (BLSH), valued at $16.9 million at the close. The company also bought 216,019 shares of stablecoin issuer Circle Internet Group (CRCL) and 260,651 shares of Ethereum asset management company Bitmine Immersion Technologies (BMNR), valued at $15.1 million and $7.6 million, respectively.
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ETH-0.33%
BTC0.95%