We have recently highlighted 10 Stocks With Double-Digit Upsides. Bullish (NYSE:BLSH) stood out as a leading performer on Thursday.
The stock of Bullish increased by 11.68 percent on Thursday, closing at $67.91 per share, as investors began adjusting their portfolios in anticipation of the launch of its cryptocurrency options trading.
In a recent announcement, Bullish (NYSE:BLSH) indicated that its crypto options trading platform is set to debut on October 8th. This innovative platform will cater to institutional clients, offering a wide range of products, including spot, margin, perpetual futures, dated futures, and options.
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On the launch date, Bullish (NYSE:BLSH) announced that 14 firms, including Galaxy Digital, would begin trading on their platform.
Initially, the platform will focus on Bitcoin options trading within a limited launch phase, with plans to incorporate options for Ether, various assets, and multi-asset indices such as the CoinDesk 20 and CoinDesk 5 in the future.
Since its inception in 2021, Bullish (NYSE:BLSH) has already exceeded $1.5 trillion in cumulative trading activity.
This year, the platform has seen an impressive execution volume, averaging over $2 billion daily, and ranks among the top ten exchanges for spot trading of Bitcoin and Ether.
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Disclosure: None. This article was initially published at Insider Monkey.
