SBET is down in pre-market, while BMNR is gradually rising in pre-market.

It’s still the influence of Cathie Wood; the market has already determined with funds which one is the $ETH MicroStrategy leader. SBET has the issues mentioned before; early institutions and teams were too focused on the cryptocurrency circle.

The article written by Wan Hui on why no one is looking at investing in SBET. Cathie Wood's Ark Fund's purchase records for BMNR are being wildly circulated in the community.