SharpLink Gaming Invests in ETH, Fueling Record Ethereum ETF Inflows

Gaming company SharpLink Gaming has invested $400 million to bolster its holdings of Ethereum (ETH), coinciding with record inflows into US spot Ethereum ETFs. The deal involved five institutional investors and saw SharpLink shares sold at a price of $21.76 per share. 📈 While the investment garnered attention, leading to stock fluctuations both during and after trading hours, SharpLink remains among the largest ETH treasury firms, boasting holdings exceeding $3 billion. This comes as institutional interest in Ethereum continues to rise, particularly with the recent record-breaking inflows into US spot ETFs, surpassing a staggering $1 billion for the first time ever. 📈