Search results for Russell 1000
Finance
How to invest in SpaceX without buying IPO shares directly
After SpaceX\'s IPO, retail investors do not need to buy IPO shares directly to gain exposure, with ETFs and mutual funds offering indirect routes. Some index-tracking funds may add SpaceX within days of listing, while some active funds already held pre-IPO stakes. Analysts cautioned that buying a single stock right after an IPO can be volatile and offers limited diversification. Index inclusion rules vary, and active funds can hold larger positions but carry concentration risk.
Crypto
ETH and SOL treasury firms Sharplink, Forward set to join Russell indexes
Two U.S.-listed companies holding Ethereum and Solana as core assets have been placed on a preliminary list for inclusion in Russell indexes. CoinPost reported Sharplink and Forward Industries are set to join the Russell 2000 and Russell 3000 on June 29. Sharplink holds 868,699 ether worth about $1.8 billion, while Forward’s Solana holdings were put at about $585 million. Executives said index inclusion could broaden their shareholder base and improve liquidity.
Crypto
Bitmine on preliminary list for Russell 1000 inclusion, raising hopes for ETF and passive inflows
U.S.-listed Bitmine Immersion Technologies has been placed on a preliminary list for inclusion in the Russell 1000 index. If inclusion is confirmed, market participants are discussing the possibility of large inflows via passive funds and exchange-traded funds. Chairman Tom Lee said Bitmine’s market capitalisation exceeds the $5.7 billion minimum threshold. Bitmine also disclosed it holds 5,278,462 ether and has staked 4,712,917 ether, while pushing back its 5 percent supply target timeline.