SharpLink Gaming is getting ready to join the Russell 2000 and Russell 3000 indexes later this month. This move could boost institutional interest in the company as it keeps growing its Ethereum-focused treasury strategy.
SharpLink’s inclusion will take effect after the market closes on June 29, as part of the annual FTSE Russell index rebalancing. Russell indexes are followed by many institutional investors and index funds, with trillions of dollars benchmarked to them worldwide.
SharpLink is now one of the largest public holders of Ethereum. Earlier this year, the company held nearly 873,000 ETH, making it one of the biggest publicly traded Ethereum treasury firms after Bitmine.
CEO Joseph Chalom called the inclusion proof of the company’s “institutional-grade ETH treasury strategy.” He also said Ethereum is central to major financial trends like tokenization, stablecoins, decentralized finance, and the growing AI-driven economy.
SharpLink is also expanding in decentralized finance through a partnership with Galaxy Digital. Earlier this month, they announced a new onchain yield fund backed by Ethereum assets, with initial capital commitments of $125 million.
The wider crypto treasury sector has been very volatile over the past year, with many companies seeing sharp stock drops after the crypto market pullback. Still, joining major indexes could help SharpLink attract more institutional investors and improve its access to capital markets.
A milestone for @Sharplink and our shareholders.$SBET will join the Russell 2000 and Russell 3000 Indexes, effective at the US market open on June 29, 2026, at the conclusion of the Russell annual reconstitution.https://t.co/EVXeWneo4I https://t.co/Vv85GBM1y7
— Sharplink (@Sharplink) May 26, 2026
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