Joe Lubin-backed Ethereum treasury firm SharpLink to join the Russel indexes
SharpLink, an Ethereum treasury firm backed by Joe Lubin, will join the Russell 2000 and Russell 3000 indexes on June 29. This inclusion may attract new institutional investment as the firm holds nearly 873,000 ETH, valued at approximately $1.8 billion. Despite a significant drop in stock price over the past year, the index membership is seen as a validation of SharpLink's treasury strategy.
- ▪SharpLink will join the Russell 2000 and Russell 3000 indexes effective June 29.
- ▪The firm holds nearly 873,000 ETH, worth roughly $1.8 billion at current prices.
- ▪The stock has fallen about 95% from its peak last year, but remains more than double its pre-strategy level.
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FinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailJoe Lubin-backed Ethereum treasury firm SharpLink to join the Russel indexesThe inclusion could attract fresh passive inflows from index-tracking funds, while the firm's stock tanked 95% from its peak over the past year.By Krisztian Sandor|Edited by Aoyon Ashraf May 26, 2026, 7:03 p.m. 2 min readMake preferred on Sharplink CEO Joseph Chalom and Consensys CEO Joe Lubin speaking at Consensus Hong Kong 2026 (CoinDesk)What to know: SharpLink will join the Russell 2000 and Russell 3000 indexes effective June 29.The company held nearly 873,000 ETH, worth roughly $1.8 billion at current prices.The inclusion comes as many digital asset treasury firms have slowed or halted crypto purchases.SharpLink Gaming (SBET), the…
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