Ethereum Treasury Sharplink (SBET) to Enter Russell 2000 & 3000 Indexes
Ethereum Ethereum Treasury Sharplink (SBET) to Enter Russell 2000 & 3000 Indexes Ethereum treasury firms are gaining traction from Wall Street despite the ongoing bearish momentum recorded in the ETH price. For context, a recent update showed that Sharplink, Inc. (SBET) is all set to enter the Russell 2000 and 3000 indexes. In addition, the leading Ethereum treasury firm, Bitmine (BMNR), has also qualified for inclusion in the Russell 1000 Index. These moves hint at a soaring institutional acceptance of the firms that are focusing on Ethereum treasury strategies. Sharplink to Join Russell Marking Major Milestones Sharplink (SBET) has recently said that FTSE Russell added the company to its preliminary reconstitution list published on May 22. The inclusion will officially take effect after market close on June 29, following the semi-annual Russell index reshuffle. Notably, the firm has described the move as a significant step for its Ethereum treasury strategy. Russell indexes track a massive pool of institutional money. According to FTSE Russell, nearly $12.2 trillion in assets benchmark these indexes through active and passive investment strategies. The Russell 2000 specifically tracks small-cap American companies. Meanwhile, Sharplink CEO Joseph Chalom said the company sees the inclusion as validation of its institutional-grade Ethereum treasury model. He added that the









