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BTC 
ETH Bullish披露9月未经审计月度数据：总交易量达486亿美元
上市公司加密货币交易所Bullish于2026年10月6日向美国证券交易委员会（SEC）提交了其2026年9月未经审计的月度业绩报告。报告显示，该公司9月份总交易量为486亿美元，其中现货交易量为422亿美元。
流动性指标与波动率数据
文件显示，9月份的平均交易价差为2.14个基点。该交易所将此指标作为衡量平台市场流动性和执行质量的代理指标。此外，报告还披露了比特币和以太坊在9月份的波动率分别为32%和42%。公司将这些波动率数据与交易量数据一同公布，旨在为投资者提供有助于理解当月交易环境的背景信息。
历史趋势回顾
The report puts September data into a long-term historical data set covering the period from January 2025 to September 2026 for analysis. Data shows that trading volume has dropped significantly since the trading peak in early 2025. In January 2025, monthly trading volume reached US$83.7 billion, then fell to a low of US$30.7 billion in July 2026, and did not recover to a certain extent until September. This trajectory suggests that over the past 18 months, cryptocurrency trading activity has experienced severe shocks as overall market volatility has changed. Although trading volumes rebounded in September, volatility in Bitcoin and Ethereum remained at high levels compared to the lull periods recorded earlier in the dataset.
Information disclosure instructions and market significance
Bullish stated in the document that the above information has not been audited, and the relevant data in the most recent fiscal quarter are still preliminary statistics and will not be finalized until the financial settlement process is completed. This is the standard disclaimer for the company's monthly operating disclosures before releasing its full quarterly earnings report. The company said the data has been released simultaneously through its investor relations website and official X account, allowing market participants to obtain disclosure information simultaneously through multiple channels rather than relying solely on SEC documents.
As a relatively new listed exchange, Bullish tends to build investor trust through detailed monthly disclosures, helping investors understand its performance while still assessing the impact of trading activity and volatility on exchange revenue. Although the rebound in trading volume in September left it below the level of early 2025, it provided an important reference point for investors to judge whether cryptocurrency trading activity stabilized in the fourth quarter. Combining spread and volatility data allows analysts to gain richer background information beyond a single volume number.
