
Публикация
The Russell indexes just opened the door to crypto treasuries beyond Bitcoin.
FTSE Russell confirmed that Sharplink (SBET) and Forward Industries will join the Russell 2000 and 3000 after this year's rebalance, effective June 29. First time these indexes have included companies whose core strategy is holding ETH or SOL on their balance sheet.
The numbers:
· Sharplink (backed by ETH co-founder Joe Lubin) holds 870K+ ETH (~$1.8B), the second-largest ETH treasury globally
· Forward Industries holds ~$585M in SOL, the biggest public Solana position anywhere
· BitMine (BMNR) is also joining the Russell indexes with its own ETH treasury play
Why it matters: roughly $12.2 trillion in assets are benchmarked to the Russell US Indexes. Index inclusion means passive fund flows, institutional visibility, and a new compliance-friendly on-ramp into ETH and SOL exposure. Two years ago, MicroStrategy was the only crypto treasury name on anyone's radar. Now an entire category is forming across BTC, ETH, and SOL.
If a public company was going all-in on one crypto for their treasury, would you pick BTC, ETH, or SOL?
#BeyondBTCIntoRussell
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