color: var(color-red-500)

by

SharpLink Gains Russell Index Inclusion Amid <a href="https://jpygbp.com/eth-usd/">ETH</a> Expansion

Key Highlights

  • SharpLink was selected for inclusion in the Russell 2000 and Russell 3000 indices.
  • The inclusion is expected to take effect after the June 29, 2026, index rebalancing.
  • FTSE Russell published the provisional index changes on May 22, 2026.

Sharplink, Inc. (Nasdaq: SBET), a publicly traded company that holds Ethereum as part of its financial strategy, announced today it will be added to both the Russell 2000 and Russell 3000 stock indexes.

The change will happen on June 29, 2026, after Russell updates its US stock indexes twice a year.

FTSE Russell announced potential changes to its indexes on May 22, 2026. Roughly $12.2 trillion in investments are tracked against the Russell US Indexes. The Russell 2000 is a key benchmark for small U.S. company stocks, and it frequently draws investments from funds that automatically track the index, like index funds and ETFs.

SharpLink highlights Ethereum treasury strategy

Sharplink CEO Joseph Chalom announced that the company’s inclusion in the Russell 2000 and Russell 3000 indexes is a strong sign of confidence in their approach to managing Ethereum (ETH). He expects this will attract more investors and make it easier for the company to raise money in the future.

According to him, Ethereum is key to four major shifts happening in finance: the growth of stablecoins, the process of turning assets into tokens, on-chain financial systems, and the development of AI-driven economic activity. Sharplink helps traditional investors benefit from these changes by providing access to Ethereum and the wider Ethereum ecosystem through careful management of its financial resources.

Account on FTSE Russell 

As a crypto investor, I keep a close eye on the broader financial markets, and FTSE Russell is a big player in that world. They basically create and track thousands of indices – think of them as benchmarks – that cover almost all investable stocks globally, across over 70 countries. They cover about 98% of the entire investable market, so their data gives a really comprehensive view of what’s happening with traditional assets. It’s useful context for understanding how crypto fits into the bigger picture.

FTSE Russell indices are popular tools for investors, including large institutions, asset managers, and banks. They use these indices to measure investment performance and as the basis for creating investment products like ETFs and other complex securities. FTSE Russell reports that over $21.2 trillion in assets are tracked against its indices.

Partnership with Galaxy Digital 

Earlier this month, Sharplink and Galaxy Digital teamed up to launch a new fund called the Galaxy Sharplink Onchain Yield Fund. This fund will be among the first publicly available, professionally managed funds that earns returns from onchain (blockchain-based) assets, and it will be backed by Galaxy Digital’s holdings of Ethereum.

A new fund has been created to invest in opportunities for earning rewards from decentralized finance (DeFi), specifically focusing on liquidity pools and other onchain yield sources. Galaxy Digital will manage the fund’s investments, and Sharplink is contributing $100 million worth of staked Ethereum. Galaxy Digital will also invest $25 million, bringing the fund’s total initial capital to $125 million.

Institutional focus on Ethereum grows

SharpLink’s approach is part of a growing pattern of companies investing in digital assets like cryptocurrencies as part of their overall financial holdings.

Bitcoin is still the most popular digital asset that publicly traded companies hold, but more are starting to invest in Ethereum. This is happening because institutions are becoming increasingly interested in activities like staking, turning assets into tokens, and using decentralized financial systems. A company’s addition to the Russell indices depends on meeting certain requirements, including its market value and standards set by FTSE Russell.

Investors will be looking to see if adding SBET to the index attracts more investment from institutions.

Read More

2026-05-26 22:13