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 public company with an Ethereum-focused treasury strategy, today said that it has been selected for inclusion in the Russell 2000 Index and the Russell 3000 Index.
According to the official announcement, the inclusion is expected to take effect on June 29, 2026, after the completion of the semi-annual rebalance of the Russell US Indexes.
FTSE Russell had disclosed the provisional list of changes in the index on May 22, 2026. Approximately $12.2 trillion in assets are benchmarked against the Russell US Indexes. The Russell 2000 is particularly important as the leading benchmark for small-cap U.S. equities, often attracting passive investment flows from index funds and ETFs.
SharpLink highlights Ethereum treasury strategy
Joseph Chalom, Chief Executive Officer of Sharplink, stated, “Joining the Russell 2000 and Russell 3000 is a meaningful validation of Sharplink’s institutional-grade ETH treasury strategy. We believe it will broaden SBET’s shareholder base while strengthening our access to capital markets.”
He added, “Ethereum sits at the center of four secular trends reshaping finance today: stablecoins, tokenization, on-chain finance, and the emerging agentic economy. Through disciplined, active treasury management, Sharplink gives public market investors productive exposure to ETH and the broader Ethereum opportunity.”
Account on FTSE Russell
FTSE Russell is a global provider of indices, benchmarking tools, analytics, and data services for financial markets. FTSE Russell provides calculations of several thousand indices that monitor global markets and asset classes in more than 70 countries that account for almost 98% of the investable world’s market.
FTSE Russell indices are used widely by institutional investors, asset managers, ETF providers, and investment banks for benchmarking purposes and for creating exchange-traded funds, structured finance products, and derivative securities on indexes. It is claimed by the company that there are some $21.20 trillion of assets benchmarked to FTSE Russell indices.
Partnership with Galaxy Digital
Earlier this month, Sharplink announced a strategic partnership with Galaxy Digital to introduce the Galaxy Sharplink Onchain Yield Fund, which would be one of the first publicly traded, firm-owned, institution-ready onchain yield funds supported by Galaxy Digital’s treasury of Ethereum tokens.
The newly launched fund would operate as a limited partnership and would invest in DeFi liquidity pools and other yield opportunities within the realm of onchain yields. The investment management of this fund shall be done by Galaxy Digital, while Sharplink would contribute $100 million from its staked Ethereum treasury. In addition, Galaxy Digital would make a contribution of $25 million. Therefore, the total initial capital contributions to the fund would amount to $125 million.
Institutional focus on Ethereum grows
SharpLink’s strategy reflects a broader trend of public companies adding digital assets to corporate treasuries.
While Bitcoin remains the dominant treasury asset among listed firms, some companies have begun increasing exposure to Ethereum as institutional interest in staking, tokenization, and decentralized finance grows. The company’s inclusion in the Russell indices is tied to eligibility criteria such as market capitalization and index requirements established by FTSE Russell.
Market participants are expected to watch whether the added visibility from the index inclusion leads to increased institutional participation in SBET shares.
Also Read: Binance Uses Sandbox Route for Philippines Crypto Expansion
