Ethereum: Sharplink harvests $33M in seven months and reinvests $170M

The crypto market has not yet regained its peaks, but signs of recovery are multiplying. After a long desert crossing, some players have managed to sniff out the right prospects. Among them, SharpLink Gaming stands out. While others prefer to wait for a hypothetical bull run, the company has bet on the productivity of its Ethereum (ETH). By turning simple asset holding into a source of yield, SharpLink establishes itself as one of the symbols of this renewal.

Ethereum staking: the new income for crypto companies

In seven months, SharpLink has earned 33 million dollars in passive income thanks to Ethereum staking. In a still cautious crypto market, this performance is impressive. Its credo, displayed on X, is clear: “100% ETH and 100% staked“. This mantra reflects a firm vision: that of a company that believes in the power of the Ethereum network to generate sustainable value.

On X, the company summarized its philosophy:

This is the most productive way to hold ETH with institutional-level infrastructure. That’s SharpLink’s advantage.

With over 864,000 ETH under management, valued at about 2.6 billion dollars, SharpLink is now the second largest institutional holder of Ethereum. The company relies on the custodian Anchorage Digital, guaranteeing fund security and impeccable compliance. Staking here becomes an institutional savings: secure, profitable, and anchored in network governance.

Restaking and innovation: how SharpLink pushes Ethereum’s limits

SharpLink’s strategy doesn’t stop at classic staking. In early January, it injected an additional 170 million dollars in ETH on Linea, a Layer 2 designed by Consensys. The goal? To stack multiple layers of yield by combining native staking, restaking, and additional rewards from protocols like EigenCloud and ether.fi. In other words, to make already productive ETH even more profitable.

The media CoinDesk describes it as a hybrid model between decentralized finance and institutional management. An approach that fascinates as much as it inspires. In a tweet that went viral, the media Milk Road explained:

Instead of only touching the basic staking yield, this structure could generate up to 10 million dollars additional per year on the 170 million position, depending on the level of incentives. The concerned asset is ETH.

SharpLink thus transforms Ethereum into an institutional yield engine. Restaking becomes a new crypto finance tool, where every ETH serves multiple times, without compromising security. An approach symbolizing the maturity of an ecosystem once seen as speculative.

Institutions embrace the crypto model: from staking to smart yield

SharpLink’s entry into this new phase fits into a broader trend: the institutionalization of Ethereum staking. Giants like BitMine Immersion Technologies – which holds more than 936,000 ETH staked – or Morgan Stanley, preparing an Ethereum ETF, confirm this enthusiasm. Yield strategies from blockchain are now attracting large financial companies.

Ethereum staking becomes a serious alternative to fixed-income products, with competitive yields and unprecedented flexibility. Restaking adds an optimization dimension that traditional institutions cannot ignore. By combining innovation and caution, SharpLink illustrates how the crypto-sphere redefines profitability in the Web3 era.

Ethereum and crypto in numbers

• 33 million dollars earned through ETH staking in 7 months;
• 170 million dollars deployed in restaking on Linea;
• 864,000 ETH held, about 0.7% of total supply;
• Current Ethereum price: $3,110;
• Up to 10 million dollars potential additional yield per year.

While traditional finance watches this shift with curiosity, the boldest are already charting their path. Among them, Tom Lee, CEO of BitMine, thinks big: he envisions an Ethereum at 62,000 euros in the coming years, driven by asset tokenization and the growing strength of the network. A bold vision, but one that well illustrates the regained confidence around a flourishing ecosystem.