SharpLink Gaming and Forward Industries are set to join the Russell 2000 and Russell 3000 indices in late June, marking a notable expansion of index exposure to non-Bitcoin crypto treasury firms. The additions follow the annual Russell rebalancing process, which forces passive funds tracking those benchmarks to buy newly included stocks.
For crypto-equity investors, the inclusion matters because it channels automatic, price-insensitive buying from index funds into companies holding Ethereum and other non-BTC assets on their balance sheets — a category that has historically lacked the institutional access point that Bitcoin treasury plays like MicroStrategy enjoy.
SharpLink in particular has been building an Ethereum treasury strategy, meaning the rebalancing could translate into indirect ETH demand as index-driven capital flows into the stock.
Crypto News