Bullish released its monthly performance metrics for October 2026, reporting total trading volume of $37.7 billion. This represents a decline from the $48.6 billion recorded in September and is down significantly from the $80.8 billion peak seen earlier in the year. Spot trading accounted for $34.6 billion of the total, with Bitcoin spot volume at $19.9 billion and Ethereum spot volume at $3.9 billion. The average trading spread widened to 2.43 basis points compared to 2.13 basis points in September. Bullish is an institutionally focused global digital asset platform that provides regulated market infrastructure, exchange services, and information services.
