#BullishIPO Bullish’s institutional focus provides more-consistent performance than retail trading platforms,” said Ed Engel, an analyst with Compass Point Research & Trading, in a report. “Retail traders typically over index to Altcoins, particularly during bull markets.”

Engel noted that trading activity for other cryptos tends to be more volatile than for Bitcoin and Ether. Of course, anything with big ties to crypto is inherently risky. But investors may have more good reasons to be bullish about Bullish for the long haul.