Crypto Treasury Chaos: Why Ethereum's SBET and Solana's UPXI Plunged After Routine SEC Filings

SharpLink Gaming and Upexi saw their stock prices plummet over 60% after the U.S. Securities and Exchange Commission approved their registration-of-shares filings. These companies had raised funds through private investments in public equity, allowing them to quickly raise capital. The effectiveness of the registration filing can lead to significant gains for investors.