Blistering and Bleed

Honest question pls.

Lets say, i have 400% Blister. This us triggeree if on immolate right? Lets say, i have 100% Bleed dmg, so its doubled.

My question really is, is the dmg of Bleed Chance affected by Blistering dmg as well?

Say i stack 600% Blisteting, thats huge bleed. Then, i proc Bleed Chance, now what Bleed dmg will that Bleed chance follow?