July 18 (Reuters) - Cryptocurrency exchange Bullish on

Friday disclosed a quarterly loss compared to a year-ago profit

in its paperwork for a U.S. initial public offering, amid rising

investor interest in the sector.

Bullish joins crypto exchange Gemini and crypto-focused

asset manager Grayscale - both of which have confidentially

filed for potential U.S. listings.

Uncertainty surrounding President Donald Trump's tariff

policies had slowed down the IPO market, but sentiment has

recently shifted. Stablecoin giant Circle Internet's ( CRCL )

blockbuster debut highlights pent-up demand and renewed vigor in

the capital markets.

Bullish, in its filing with the U.S. securities regulator,

reported a net loss attributable of $348.6 million for the three

months ended March 31, compared to a profit of $104.8 million

last year.

The Peter Thiel-backed company had attempted to go public

through a special purpose acquisition company in 2021 but that

deal fell through in 2022 amid a regulatory crackdown and a

sudden rise in interest rates.

Bullish is expected to list on the NYSE under the symbol

"BLSH". J.P Morgan, Jefferies and Citigroup are among the

underwriters for the offering.