Multiple crypto firms may be added to the Russell Index; Bitmine and Galaxy Digital could enter the Russell 1000.

KuCoinFlash

Release Time: 05/27/2026 05:44:55

Summary

Digital asset market activity increased as multiple crypto firms appeared on the preliminary Russell 3000 list. Bitmine and Galaxy Digital, with market caps of $5.7 billion and $11.55 billion, could be added to the Russell 1000. Sharplink, Forward Industries, and Gemini are likely candidates for the Russell 2000. Inclusion may enhance liquidity and attract ETF and institutional capital. The Fear & Greed Index reflects growing investor confidence in the sector. FTSE Russell will update the list on June 5, 12, and 18, with final changes effective June 26.

BlockBeats report: On May 27, FTSE Russell announced the preliminary inclusion list for the latest Russell 3000 Index, which includes several cryptocurrency-related companies such as Sharplink, Forward Industries, Gemini, Galaxy Digital, and Bitmine.

Among them, Ethereum reserve company Bitmine and Galaxy Digital, with market capitalizations of approximately $5.7 billion and $11.55 billion respectively, have met the inclusion criteria for the Russell 1000 Index. If successfully included, both companies will join major U.S. tech stocks such as Nvidia, Microsoft, Apple, and Alphabet.

In addition, Sharplink, Forward Industries, and Gemini are expected to be added to the Russell 2000 Index. The market generally believes that inclusion in the Russell indices typically leads to increased allocation from ETFs and institutional passive funds, helping to enhance liquidity, expand the shareholder base, and strengthen capital market influence.

FTSE Russell will continue updating the list on June 5, 12, and 18, with the final adjustments expected to take effect officially after the close of U.S. markets on June 26.

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