Topic: #Not Just Bitcoin: ETH/SOL Treasury Companies Enter Russell Indexes Title: The Expansion of Crypto Treasury Strategies: As ETH and SOL Follow in BTC's Footsteps, What Does Inclusion in the Russell Indexes Mean? In the past, we grew accustomed to companies like MicroStrategy stockpiling Bitcoin. But now, the tide is turning. As the ecosystems for Ethereum (ETH) and Solana (SOL) mature, an increasing number of publicly listed companies are incorporating these two assets into their treasuries. Moreover, related investment trusts and companies are either seeking or have already secured entry into the Russell Indexes. The Logic Behind This Trend: - Yield and Utility: Compared to BTC's "digital gold" attribute, ETH and SOL offer staking yields and robust on-chain application ecosystems. For corporate treasuries, holding them is not just a hedge against inflation, but also a way to generate cash flow. - Institutional Compliance Channels: Entering the Russell Indexes means passive funds are required to allocate these assets. This marks a critical milestone for crypto assets transitioning from "fringe speculation" to "mainstream asset allocation." - Diversification Needs: Institutional investors are no longer satisfied with a single target; they require a crypto investment portfolio that encompasses smart contract platforms. Future Outlook: When "crypto treasury companies" are no longer synonymous with "Bitcoin proxies," the market will welcome richer liquidity. The financialization of ETH and SOL will be significantly elevated, which may lead to decreased price volatility and an increased correlation with macro tech stocks.