Blsh ipo good buy?

The Renaissance IPO ETF (IPO.P) does not directly track the Bullish (BLSH) IPO, but it provides exposure to a broad range of newly listed companies, including those that may be considered IPO candidates or are recently public. Therefore, the ETF can be seen as a good buy for investors looking to capitalize on the IPO market, including potential IPOs like Bullish's. 1. **Diversified Exposure**: The ETF tracks a market cap-weighted index of recent US-listed IPOs, which means it holds a diversified portfolio of newly public companies. This reduces the risk associated with investing in individual IPOs, which can be highly speculative and subject to lower liquidity and greater volatility. 2. **Recent Performance**: The ETF has shown a positive performance recently, with a notable increase of 3.98% on August 8, 2025. This suggests that it may be benefiting from the current favorable market conditions for IPOs. |code|Ticker|Name|Date|Percentage Change|market_code| |---|---|---|---|---|---| |IPM|IPM.O|Intelligent|20250710|5.3191|186| |IPM|IPM.O|Intelligent|20250711|-0.2525|186| |IPM|IPM.O|Intelligent|20250714|2.5316|186| |IPM|IPM.O|Intelligent|20250715|-2.716|186| |IPM|IPM.O|Intelligent|20250716|0|186| |IPM|IPM.O|Intelligent|20250717|11.1675|186| |IPM|IPM.O|Intelligent|20250718|1.8265|186| |IPM|IPM.O|Intelligent|20250721|-6.7265|186| |IPM|IPM.O|Intelligent|20250722|0.9615|186| |IPM|IPM.O|Intelligent|20250723|-1.9048|186| 3. **Market Trends**: The IPO market is experiencing a rebound, with anticipated policy changes and a more favorable business climate expected in 2025. This could lead to continued growth opportunities for the ETF. 4. **Expense Ratio**: The ETF has an expense ratio of 0.60%, which is competitive and suggests good value for investors. 5. **Recent News**: There is recent news about the ETF's issuer, Renaissance Capital, highlighting their expertise in helping investors profit from IPOs. This suggests that the ETF is well-managed and positioned for success. However, it's important to note that investing in IPOs is still risky, and past performance is no guarantee of future results. Investors should consider their own risk tolerance and investment goals before making any investment decisions. In conclusion, while the Renaissance IPO ETF does not directly track Bullish's IPO, it can be considered a good buy for investors looking to capitalize on the IPO market.