SharpLink Reveals Ethereum Staking Plans, SBET Stock Climbs

SharpLink Gaming Inc. (NASDAQ: SBET) said on November 3, 2025, that it earned 459 ETH in staking rewards last week.

This brings its total rewards to 6,575 ETH since starting its Ethereum staking plan on June 2, 2025. Notably, the company stated that the strategy keeps adding value for its shareholders.

SharpLink Grows Its Ethereum Staking Rewards

SharpLink Gaming has shared an update on its Ethereum staking program, which has been active since early June 2025. The company reported earning 459 ETH in staking rewards over the last week. This brings its total to 6,575 in ETH since the start of the program.

As detailed, SharpLink explained that all of its Ethereum ETH remains fully staked using an institutional-grade process. This means the assets are managed professionally and securely.

According to SharpLink, the goal is to allow its Ethereum holdings to grow steadily through regular staking rewards. SharpLink has stated previously that Ethereum serves as a valuable company asset. This is because it can generate yield and grow over time.

The company described Ethereum as a productive and compounding asset that fits well in a corporate treasury. As of the announcement, SBET shares traded at $12.25, down 6.46% from the previous day’s close of $13.09.

The stock traded between $12.10 and $12.81 during the day. Over the past year, it has ranged from $2.26 to $124.12. As of now, SharpLink’s market value stands at $2.41 billion, with an average daily volume of 13.92 million shares.

The company’s update confirms that its Ethereum strategy remains in place. Also, it continues to earn steady staking income every week.

SBET Stock Trades Lower Despite Staking Growth

Even with its staking gains, SharpLink’s stock has moved lower. The market reaction shows mixed views among investors.

Some see the company’s growing Ethereum position as a strong long-term move. At the same time, others may be focusing on the recent price drop in both SBET and ETH.

The consistent rewards from staking suggest that SharpLink’s holdings are generating real returns. Analysts think holding all of its Ethereum could boost long-term value. This depends on the asset’s price staying stable or rising.

SharpLink is using Ethereum as part of its treasury strategy. This move aligns it with a select group of firms tapping into blockchain-based income streams. By utilizing Ethereum staking, SharpLink earns ongoing rewards without needing to sell its holdings.

This could give the company a steady source of additional value while it focuses on its primary business operations. Moreover, as market conditions change, investors are likely to continue monitoring both Ethereum prices and SharpLink’s stock performance.

The company’s stakeholder results could play a key role for shareholders. It’s working to strike a balance between traditional goals and growth in digital assets.

Ethereum Price Shows Uncertain Direction

Ethereum’s price has been moving lower in recent days. Data from TradingView shows that the ETH/USD pair has fallen 7.02% since yesterday. On the hourly chart, the price rebounded slightly from local support at $3,474.

Analysts say if Ethereum closes near the 3,500 resistance on the daily chart, it could move up toward the $3,700 range. On the chart, however, the broader trend remains weak. The main support level is located near $3,354.

If the price fails to hold above that level, traders expect another drop to the $3,300 to $3,200 range. A break below that could open the way to $3,000.

At the time of writing, the Ethereum price was trading at $3,356.81. The market remains cautious as traders weigh the short-term recovery against the possibility of further losses.