30Suppliers
30Customers
1Debt Items
20Related Chains

Source-Backed Evidence Depth

Bullish (BLSH) is shown with relationship data already present in ChainSifter's database. Counts below come from stored supply-chain records and filing/source URLs where available; missing source URLs are not filled in or estimated.

65Total relationships
1Distinct source URLs
7High confidence
0.705Average confidence
2026-09-13Latest database update
ChainSifter does not infer unreported suppliers, customers, ownership, acquisitions, debt exposure, revenue dependency, or future supply-chain events on this public page.

Bullish Suppliers

TickerNameConfidenceEvidence
BITB Bitwise Bitcoin ETF 72% Reciprocal relationship from BITB graph: d as buyers and sellers in the principal or most advantageous market that are independent, knowledgeable, and willing and able to transact. The Trust only rec…
BITW Bitwise 10 Crypto Index Fund 72% Reciprocal relationship from BITW graph: ipal Market NAV 22 per Share"), the Trust follows ASC Topic 820-10, Fair Value Measurement, which outlines the application of fair value accounting. ASC 820-1…
BLBX Blackboxstocks Inc 72% Reciprocal relationship from BLBX graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from BLBX graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from BLBX g…
BSOL Bitwise Solana Staking ETF 72% Reciprocal relationship from BSOL graph: ined as buyers and sellers in the principal or most advantageous market that are independent, knowledgeable, and willing and able to transact. The Trust only …
BTCW WisdomTree Bitcoin Fund 72% Reciprocal relationship from BTCW graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from BTCW graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from BTCW g…
BULL Webull Corporation 72% Reciprocal relationship from BULL graph: have built a prediction function where users can indicate whether they are bullish or bearish on that stock. Users can also leave comments under individual se…
BWOW Bitwise Dogecoin ETF 72% Reciprocal relationship from BWOW graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from BWOW graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from BWOW g…
CMBT Cmb.Tech NV 72% Reciprocal relationship from CMBT graph: develops hydrogen and ammonia storage to complete the value chain and deliver the clean fuels to its customers CMB.TECH also collaborates with various partner…
CRMZ CreditRiskMonitor.com, Inc. 72% Reciprocal relationship from CRMZ graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from CRMZ graph: . The FAST Rating is a financial health assessment that extends our scored c…
DB Deutsche Bank Aktiengesellschaft 72% Reciprocal relationship from DB graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from DB graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from DB graph: …
DBB Invesco DB Base Metals Fund 72% Reciprocal relationship from DBB graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from DBB graph: may be required to share in the financial burden resulting from the nonperform…
DBE Invesco DB Energy Fund 72% Reciprocal relationship from DBE graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from DBE graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from DBE grap…
ETH Grayscale Ethereum Mini Trust ETF 72% Reciprocal relationship from ETH graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from ETH graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from ETH grap…
ETHV VanEck Ethereum ETF 72% Reciprocal relationship from ETHV graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from ETHV graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from ETHV g…
ETHW Bitwise Ethereum ETF 72% Reciprocal relationship from ETHW graph: logy used to calculate the Pricing Index is deemed inconsistent with GAAP, the Trust utilizes an alternative GAAP-consistent pricing source for purposes of th…
EZPZ Franklin Crypto Index ETF 72% Reciprocal relationship from EZPZ graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from EZPZ graph: s to access directly. A portion of the Fund’s Digital Asset holdings and cas…
GBTC Grayscale Bitcoin Trust ETF 72% Reciprocal relationship from GBTC graph: Item 8.01. Other Events. On March 16, 2026, Grayscale Investments Sponsors, LLC (the “Sponsor”), the sponsor of Grayscale Bitcoin Trust ETF (the “Trust”), ann…
GLNK Grayscale Chainlink Trust ETF 72% Reciprocal relationship from GLNK graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from GLNK graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from GLNK g…
GSOL Grayscale Solana Staking ETF 72% Reciprocal relationship from GSOL graph: llet, such as a digital wallet owned by a Digital Asset Trading Platform. In contrast to on-blockchain transactions, which are publicly recorded in the Blockc…
GSUI Grayscale Sui Staking ETF 72% Reciprocal relationship from GSUI graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from GSUI graph: hich are publicly recorded on the Sui Blockchain, information and data regar…
GXRP Grayscale XRP Trust ETF 72% Reciprocal relationship from GXRP graph: manipulation, the CFTC generally does not oversee cash or spot market exchanges, spot Digital Asset Trading Platforms or retail transactions involving spot XR…
LAC Lithium Americas Corp. 72% Reciprocal relationship from LAC graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from LAC graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from LAC grap…
MORN Morningstar, Inc. 72% Reciprocal relationship from MORN graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from MORN graph: r third-largest business after Morningstar Direct Platform and PitchBook. It…
OBTC Osprey Bitcoin Trust 72% Reciprocal relationship from OBTC graph: ading platform to withdraw the Bitcoin in their account to an off-exchange Bitcoin wallet. In addition, Bitcoin futures and options trading occurs on exchange…
OCSL Oaktree Specialty Lending Corporation 72% Reciprocal relationship from OCSL graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from OCSL graph: d equity and certain equity co-investments. We may also seek to generate cap…
QETH Invesco Galaxy Ethereum ETF 72% Reciprocal relationship from QETH graph: rivate keys associated with the Trust’s ether in a “cold storage” environment where the private keys are generated and secured (the “Prime Custody Vault”). Th…
QSOL Invesco Galaxy Solana ETF 72% Reciprocal relationship from QSOL graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from QSOL graph: lana network’s source code, if adopted, can lead to forks (referred to as “p…
SCHW The Charles Schwab Corporation 72% Reciprocal relationship from SCHW graph: r before recovering in the second, then declining again in the third quarter. Investor sentiment recovered significantly in the fourth quarter to end 2023 wit…
SHEL Shell plc 72% Reciprocal relationship from SHEL graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from SHEL graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from SHEL g…
SHG Shinhan Financial Group Co., Ltd. 72% Reciprocal relationship from SHG graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from SHG graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from SHG grap…

Bullish Customers

TickerNameConfidenceEvidence
ARBITRAGEURS ARBITRAGEURS 90% A relatively small number of institutional market makers, arbitrageurs, and high-transaction volume customers account for a significant amount of the trading volume on our platform and our net revenu…
HIGH-TRANSACTION-VOLUME-CUSTOMERS HIGH-TRANSACTION-VOLUME-CUSTOMERS 90% A relatively small number of institutional market makers, arbitrageurs, and high-transaction volume customers account for a significant amount of the trading volume on our platform and our net revenu…
INSTITUTIONAL-MARKET-MAKERS INSTITUTIONAL-MARKET-MAKERS 90% A relatively small number of institutional market makers, arbitrageurs, and high-transaction volume customers account for a significant amount of the trading volume on our platform and our net revenu…
SPV-KY-LIMITED SPV-KY-LIMITED 85% use the Unit as office space. Loan Agreement with SPV KY Limited Pursuant to a loan agreement (as amended and restated on December 12, 2023) between Bullish Global as borrower and with SPV KY Limited…
GBTC Grayscale Bitcoin Trust ETF 80% Reciprocal relationship from GBTC graph: Bullish is not available to U.S. based customers.
BTCW WisdomTree Bitcoin Fund 72% Reciprocal relationship from BTCW graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from BTCW graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from BTCW g…
ETHV VanEck Ethereum ETF 72% Reciprocal relationship from ETHV graph: st’s purposes, and in doing so may adversely affect the value of the Shares. In the event of a hard fork of the Ethereum network, the Sponsor will, if permitt…
ETHW Bitwise Ethereum ETF 72% Reciprocal relationship from ETHW graph: logy used to calculate the Pricing Index is deemed inconsistent with GAAP, the Trust utilizes an alternative GAAP-consistent pricing source for purposes of th…
XYF X Financial 72% . Legal and regulatory uncertainty regarding our leveraged trading services and custody of customer assets could limit our ability to offer products and impede business operations. The legal treatmen…
XYF X Financial 72% Reciprocal relationship from XYF graph: Reciprocal relationship from BLSH graph: . Legal and regulatory uncertainty regarding our leveraged trading services and custody of customer assets could limit…
BULLISH-EXCHANGE-COINDESK-INDICES-CO BULLISH-EXCHANGE-COINDESK-INDICES-CO 62% more generally. We face significant customer concentration risk across the Bullish Exchange, CoinDesk Data, CoinDesk Indices and CoinDesk Insights businesses, which could adversely affect our operati…
BULLISH-GROUP BULLISH-GROUP 62% our access to capital markets and harm our results of operations. We may also be required to restate our financial statements from prior periods if such weaknesses and deficiencies are identified. Ad…
BULLISH-HK-MARKETS-LIMITED-BULLISH-HK-CUSTODY-LI BULLISH-HK-MARKETS-LIMITED-BULLISH-HK-CUSTODY-LI 62% the business, we must process the personal data of customers and employees, including transferring personal data across borders. To support our global operations, we have developed a data privacy and…
BULLISH-US-OPERATIONS-LLC-BULLISH-EUROPE-GMBH BULLISH-US-OPERATIONS-LLC-BULLISH-EUROPE-GMBH 62% the business, we must process the personal data of customers and employees, including transferring personal data across borders. To support our global operations, we have developed a data privacy and…
CAPITAL-RESOURCES CAPITAL-RESOURCES 62% ctively. The decrease in total other comprehensive income for the year ended December 31, 2025 compared to the year ended December 31, 2024 is primarily attributable to a substantial decrease in the …
CC-DATA-LIMITED CC-DATA-LIMITED 62% nance and oversight, accountability and controls, and methodology transparency, among other matters. CoinDesk Indices offers index solutions that comply with the UK’s benchmark regulation through our…
C-GROUP C-GROUP 62% the business, we must process the personal data of customers and employees, including transferring personal data across borders. To support our global operations, we have developed a data privacy and…
CME CME Group Inc. 62% Reciprocal relationship from CME graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from CME graph: Reciprocal relationship from BLSH graph: business and financial condition. Add…
CME-GROUP CME-GROUP 62% business and financial condition. Additionally, we operate in a dynamic and rapidly evolving competitive landscape. We face pressure from new, disruptive competitors and the potential for existing ri…
CRS Carpenter Technology Corporation 62% Reciprocal relationship from CRS graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from CRS graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from CRS grap…
CRYPTO-COIN-COMPARISON-LTD CRYPTO-COIN-COMPARISON-LTD 62% 2,983 ) Repayment of convertible redeemable preference shares — — ( 714,565 ) Dividends paid — — ( 534,644 ) Proceeds from borrowings 174,300 25,000 43,000 Repayment of borrowings ( 149,302 ) — — Rep…
EXCHANGE-CUSTOMER-RELATIONSHIP-PU-LUO-CHUNG-VC-P EXCHANGE-CUSTOMER-RELATIONSHIP-PU-LUO-CHUNG-VC-P 62% use the Unit as office space. Loan Agreement with SPV KY Limited Pursuant to a loan agreement (as amended and restated on December 12, 2023) between Bullish Global as borrower and with SPV KY Limited…
FTX-TRADING-LTD FTX-TRADING-LTD 62% gulated and have minimal operating and regulatory costs. A significant number of decentralized platforms have recently been developed and released, including on Ethereum, Tron, Polkadot, and Solana, …
GI-LIMITED GI-LIMITED 62% 2,983 ) Repayment of convertible redeemable preference shares — — ( 714,565 ) Dividends paid — — ( 534,644 ) Proceeds from borrowings 174,300 25,000 43,000 Repayment of borrowings ( 149,302 ) — — Rep…
GI-MARKETS-LIMITED GI-MARKETS-LIMITED 62% the business, we must process the personal data of customers and employees, including transferring personal data across borders. To support our global operations, we have developed a data privacy and…
GROUP-THE-GROUP GROUP-THE-GROUP 62% tible redeemable preference shares were mandatorily converted into Ordinary shares. The accounting for this conversion involved derecognizing the $ 47.9 million financial liability associated with th…
INTERNATIONAL-TAX-CO INTERNATIONAL-TAX-CO 62% pricing rules, and if tax authorities successfully challenge our positions, we may be liable for additional tax and penalties. In addition, certain jurisdictions require "pay-to-play," meaning we mus…
NYSE-GROUP NYSE-GROUP 62% ertise from leading the most impactful and influential businesses in the ‘traditional finance’ and digital assets spaces. Notably, our CEO, Tom Farley, served as President at Intercontinental Exchang…
SI Shoulder Innovations, Inc. 62% Reciprocal relationship from SI graph: Reciprocal relationship from BLSH graph: e in one DeFi protocol causes a cascading failure in another protocol that we use. ● MEV Risk: The risk of sophisticate…
SILVERGATE-CAPITAL-CORP SILVERGATE-CAPITAL-CORP 62% e in one DeFi protocol causes a cascading failure in another protocol that we use. ● MEV Risk: The risk of sophisticated actors exploiting the public nature of blockchain transactions to front-run ou…

Bullish Debt Obligations

InstrumentDescriptionConfidenceEvidence
BLSH-DEBT Debt stack $507.1M 90% Market cache reports total debt of $507.1M.

Bullish Acquisitions

No acquisitions on recordNo completed or pending acquisitions found in our database for Bullish.

Bullish Ownership

HolderNameConfidenceEvidence
BLSH-OWNER-FMR-LLC FMR LLC 90% 13F overlay lists FMR LLC as top holder; 207 tracked holders.

Bullish Extended Supply Chain Network

TickerNameChain IndexHopsRelationship Types
BGC BGC Group, Inc. 100.00 2
CNQ Canadian Natural Resources Limited 100.00 2
ENLT Enlight Renewable Energy Ltd 100.00 2
FENG Phoenix New Media Limited 100.00 2
CIB Grupo Cibest S.A. 100.00 2
RYAN Ryan Specialty Holdings, Inc. 100.00 2
BRBI BRBI BR Partners S.A. 100.00 2
CANG Cango Inc. 100.00 2
BLNE Beeline Holdings, Inc. 100.00 2
GSOL Grayscale Solana Staking ETF 100.00 1 ['supplier']
COIN Coinbase Global, Inc. 100.00 2
CSTE Caesarstone Ltd. 100.00 2
COP ConocoPhillips 100.00 2
DBE Invesco DB Energy Fund 100.00 1 ['supplier']
BTDR Bitdeer Technologies Group 100.00 2
DBB Invesco DB Base Metals Fund 100.00 1 ['supplier']
BULL Webull Corporation 100.00 1 ['supplier']
GEMI Gemini Space Station, Inc. 100.00 2
AMBR Amber International Holding Limited 100.00 2
ETOR eToro Group Ltd. 100.00 2
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BLSH
Unlock BLSH Supply Chain Data
Verified relationships include:
BITBBitwise Bitcoin ETFSupplier72%
BITWBitwise 10 Crypto Index FundSupplier72%
ARBITRAGEURSARBITRAGEURSCustomer90%
HIGH-TRANSACTION-VOLUME-CUSTOMERSHIGH-TRANSACTION-VOLUME-C…Customer90%
+58 more relationships locked
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