Bullish Released September Crypto Trading Metrics
The company reported trading volumes for Bitcoin and Ethereum assets covering the month of September.
Updated on Oct. 6, 2026 in Economic Indicators

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Bullish, the parent company of CoinDesk, released its unaudited performance metrics for September 2026. These figures include trading volume, average trading spreads, and volatility data for Bitcoin and Ethereum assets.
Why it matters
Regular disclosure of performance metrics provides market participants with visibility into institutional trading activity and asset liquidity. These unaudited snapshots serve as a reference point for understanding current volatility and volume trends in the digital asset space.
The company reported $34.6 billion in BTC spot trading volume for September 2026. This unaudited report remains subject to further financial closing procedures.
The players
Bullish
An exchange operator headquartered in the Cayman Islands that provides digital asset trading services.
CoinDesk
A news and data organization owned by Bullish that provides crypto-asset information and price indices.
The details
Bullish calculates volatility metrics using one-minute price intervals sourced from the Coindesk Data Adaptive Diversified Liquidity Index. To reach annualized figures, the company multiplies daily volatility by the square root of 365. These performance indicators are intended to be released on a monthly basis following the conclusion of each period.
Timeline
September 2026 was the period covered by the reported performance metrics.
October 6, 2026 was the date these monthly metrics were released.
Money Landscape
This release reflects the broader industry trend of digital asset platforms moving toward periodic, data-driven performance disclosures. It aligns with efforts to improve transparency following historical gaps in reporting for institutional-grade crypto trading venues.
These metrics offer data points for households monitoring digital asset volatility and market liquidity. Individuals with exposure to these assets should consult a qualified financial professional to assess how such market-wide trends relate to their specific risk tolerance.
The takeaway
Periodic metric releases are a useful gauge for tracking the liquidity and health of digital asset exchanges. Review your current asset allocation with a qualified financial professional to ensure your exposure remains aligned with your long-term goals.
Further reading
For more on how institutional activity moves the market, explore our Economic Indicators section.
More information
View the latest performance data and official disclosures via the Bullish investor relations portal.
Live Poll
Do you believe digital asset exchanges should publicly report their monthly performance metrics?





