SharpLink Gaming to Join Russell 2000 and Russell 3000 Indexes on June 29
SharpLink Gaming will be added to the Russell 2000 and Russell 3000 indexes after markets close on June 29. The company holds nearly 873,000 ETH valued at about $1.8 billion.
CoinDeskSharpLink Gaming (SBET) will join the Russell 2000 and Russell 3000 indexes effective after markets close on June 29, the company said Tuesday. The addition is part of FTSE Russell’s annual index reconstitution. S. equities and are linked to roughly $12 trillion in assets through passive and active strategies.
SharpLink holds 872,984 ETH, making it the second-largest public holder of the cryptocurrency after Bitmine. 8 billion at current prices. The firm has not purchased additional ETH since October. Its stock price has fallen about 95 percent from its peak in May 2025 but remains more than double the level recorded before the company adopted an Ethereum treasury strategy.
Chalom said the inclusion validates the company’s institutional-grade ETH treasury strategy and can strengthen access to capital markets. The stock traded down about 2 percent on Tuesday, in line with the price movement of ETH.
Key Facts
Story Timeline
3 events- May 26, 2026
SharpLink Gaming announced it will join the Russell 2000 and Russell 3000 indexes effective June 29.
1 sourceCoinDesk - Early May 2026
Company reported holding 872,984 ETH in its latest quarterly earnings report.
1 sourceCoinDesk - October 2025
SharpLink last reported an ETH purchase.
1 sourceCoinDesk
Potential Impact
- 01
Index membership may increase trading volume and institutional ownership of SBET shares.
- 02
Passive funds tracking Russell indexes could add SBET to their portfolios after June 29.
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