SharpLink Set to Join Russell 2000, Russell 3000 in Boost for ETH Treasury Strategy

SharpLink, a corporate holder of Ether, is set to join the Russell 2000 and Russell 3000 indexes, a move that could broaden institutional access to companies pursuing an Ethereum treasury strategy.

SharpLink said in a May 26 announcement carried by GlobeNewswire that it is slated for inclusion in both indexes. The change follows FTSE Russell’s preliminary list of index changes released on May 22 and will take effect on June 29, when the index provider completes its semiannual reconstitution.

The company described itself as one of the world’s major corporate holders of Ethereum and said it supports broader adoption of the token. SharpLink presents itself as an institutional-grade Ethereum treasury platform that gives public-market investors exposure to ETH and the broader Ethereum ecosystem.

The Russell 3000 is a broad benchmark for the US stock market, while the Russell 2000 is widely used as a gauge for US small- and mid-cap shares. About $12.2 trillion in assets are tied to Russell US indexes, including index funds and active strategies, according to FTSE Russell.

SharpLink said the inclusion should increase its visibility with institutional investors and improve access to index-tracking capital. Joining a widely followed small-cap benchmark could also put the stock on the radar of passive funds and institutional asset managers.

“Inclusion in the Russell 2000 and Russell 3000 is meaningful validation of SharpLink’s institutional-grade ETH treasury strategy,” Chief Executive Officer Joseph Chalom said. He added that the move should broaden SBET’s shareholder base and strengthen the company’s access to capital markets.

Chalom said Ethereum sits at the center of four long-term trends reshaping finance: stablecoins, tokenization, on-chain finance and the agent economy. He said SharpLink offers public-market investors productive exposure to ETH and Ethereum-related opportunities through disciplined, active treasury management.

SharpLink also said Ethereum underpins a substantial share of global stablecoins, tokenized real-world assets and decentralized-finance payments. The company views ETH as an asset with both native yield-generating capacity and long-term network growth potential.

The inclusion is being viewed as a sign of growing mainstream interest in companies built around an Ethereum treasury strategy. With Bitcoin treasury companies gaining traction first, the addition of an ETH-focused listed company to major indexes could raise the profile of Ethereum-based treasury strategies.