🚀 SharpLink Gaming Bags $400M ETH Deal as Ethereum ETF Inflows Smash $1B Record!
SharpLink Gaming just made a $400M power move into Ethereum (ETH) — right as U.S.-listed spot ETH ETFs recorded their biggest single-day inflows ever: $1.018B!
📌 The deal:
SharpLink sold shares to 5 global institutional investors at $21.76 each.
Proceeds will push SharpLink’s ETH stash above $3B — making them the #2 larges$ETH holder in the world! (Only Tom Lee’s Bitmine Immersion Tech holds more, with 1.2M ETH worth $4.96B).
ETH reserves now sit at 598,800$ETH (~$2.58B).
📉 Stock dipped -6.6% in regular trading… but 📈 bounced +3.8% after-hours. YTD, it’s still up a massive +188%!
🔥 ETF Mania:
BlackRock’s ETHA ETF alone scooped $639.8M in one day.
Nearly 70 companies now hold ETH on their balance sheets.
Institutional adoption is heating up — big players are clearly betting long-term on Ethereum.
💡 Price check: ETH is sitting at $4,280 (+1% in 24h). Analysts say the modest move means bullish sentiment might already be priced in.
Why it matters:
With SharpLink stacking billions in $ETH and ETF inflows breaking records, Ethereum’s position in institutional portfolios has never been stronger. We could be looking at even bigger strategic buys ahead.
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💬 What do you think — is this just the warm-up before ETH smashes its ATH?
