<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0002085250</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Ordinary Shares, nominal value of $0.002 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>08/13/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001872195</issuerCik>
        <issuerName>Bullish</issuerName>
        <issuerCusip>G16910120</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>UGLAND HOUSE, BOX 309</com:street1>
          <com:city>GRAND CAYMAN</com:city>
          <com:stateOrCountry>E9</com:stateOrCountry>
          <com:zipCode>KY1-1104</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>See Alexander</reportingPersonName>
      <citizenshipOrOrganization>U0</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>9864857.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>9864857.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>9864857.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>6.7</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Bullish</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>UGLAND HOUSE, BOX 309, GRAND CAYMAN, CAYMAN ISLANDS, KY1-1104.</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Alexander See</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>104 Emerald Hill Road, Singapore 229380</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Singapore</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>9,864,857.00</amountBeneficiallyOwned>
        <classPercent>6.7</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>9,864,857.00</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>9,864,857.00</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
        <classOwnership5PercentOrLess>N</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &amp;#167; 240.14a-11.

</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>See Alexander</reportingPersonName>
      <signatureDetails>
        <signature>Alexander See</signature>
        <title>Reporting Person</title>
        <date>09/10/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>