Wall Street’s ETF Rush Sees Filings Land Before Stocks Debut

Wall Street’s ETF Rush Sees Filings Land Before Stocks Debut

Crypto exchange Bullish hasn’t gone public yet, but that isn’t stopping an ETF issuer from trying to capitalize on the hype.

Crypto exchange Bullish raises its stock price target as IPO date nears

Cryptocurrency exchange Bullish has updated its stock price target ahead of its initial public offering, the company said in a regulatory filing on Monday. Here’s what you need to know about the changes to one of the most closely watched IPOs of the year. What’s happened? Bullish, a cryptocurrency exchange and owner of the CoinDesk crypto news site, has filed an amendment to its Form F-1 with the Securities and Exchange Commission (SEC). In that…

Peter Thiel-Backed Crypto Company Upsizes IPO, Targets Nearly $5 Billion Valuation - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

Cryptocurrency exchange Bullish increased the size and price of its upcoming initial public offering, according to a SEC filing on Monday. The Details Of The New Offering Bullish, backed by billionaire investor and entrepreneur Peter Thiel, will now offer 30 million shares priced between $32 and $33 each. "We estimate that the net proceeds to us from this offering will be approximately $906.3 million, or $1,045.3 million if the underwriters exer…

Peter Thiel-backed crypto startup Bullish targets $4.82B in upsized IPO, plans to convert proceeds into stablecoins - Tech Startups

Bullish is making another run at Wall Street — and it’s coming in bigger than before. The Peter Thiel-backed crypto exchange has boosted the size of its IPO, now aiming for a valuation of up to $4.82 billion, according to […] The post Peter Thiel-backed crypto startup Bullish targets $4.82B in upsized IPO, plans to convert proceeds into stablecoins first appeared on Tech Startups.

CoinDesk owner Bullish prices IPO above range to raise over $1.1bln

The offering raised $1.11bln for Bullish, based on 30mln shares sold, valuing the company at $5.41bln