- The competitors for spot crypto ETFs is intensifying, as Shiba Inu’s value steadies following T. Rowe Worth’s current ETF submitting.
- Rival tokens, together with DOGE, SOL, ADA, and XRP, are likewise underneath the microscope, with a number of ETF purposes already lined up.
T. Rowe Worth, one in all America’s most established funding companies with $1.77 trillion in property underneath administration, based in 1937, has submitted an S-1 submitting with the U.S. Securities and Change Fee (SEC) to launch its first cryptocurrency exchange-traded fund (ETF).
T. Rowe Worth now joins a fast-growing listing of candidates searching for approval. In reality, the SEC is at the moment reviewing greater than 150 crypto-related ETF and ETP filings. In accordance with the submitting, the proposed ETF would maintain a diversified basket of between 5 and fifteen digital property, providing publicity to the crypto market.
Among the many preliminary “eligible property” is Shiba Inu (SHIB), the world’s second-largest meme coin with a market capitalization of roughly $6 billion. Its inclusion displays each SHIB’s reputation and the rising recognition that even meme-driven tokens command actual investor curiosity.
The transfer may permit conventional monetary establishments to faucet into SHIB’s retail fanbase, mixing institutional technique with community-driven enthusiasm.
Different property listed as eligible holdings embody Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP (XRP), Cardano (ADA), Avalanche (AVAX), Litecoin (LTC), Polkadot (DOT), Dogecoin (DOGE), Chainlink (LINK), Bitcoin Money (BCH), Hedera (HBAR), and Stellar (XLM).
Pathway Clears for SHIB ETFs
In September 2025, Rex Monetary and Osprey Funds launched DOJE, the world’s first Dogecoin ETF. Debuting on September 18, the ETF marked a historic milestone, the primary time a memecoin has been formally launched to conventional monetary markets by way of a regulated product. At the moment, this reignited the dialogue about whether or not Shiba Inu could possibly be subsequent.
Shiba Inu is already listed on main international exchanges like Binance, Coinbase, and Kraken. SHIB now displays most of the identical traits that paved the way in which for Bitcoin and Ethereum ETFs: robust liquidity, broad adoption, and deep retail engagement.
If authorised, an SHIB ETF may additionally channel institutional consideration towards the undertaking’s ecosystem, notably its Shibarium layer-2 community, LEASH, and the governance token BONE. Not like Dogecoin, Shiba Inu has developed a sturdy infrastructure and utility layer, giving it a extra substantive basis that might attraction to each regulators and institutional buyers.
The U.S. Securities and Change Fee has just lately adopted new generic itemizing requirements for spot cryptocurrency ETFs. This replace successfully opens the door for a wider vary of tokens, together with Shiba Inu, to qualify for exchange-traded merchandise.
Underneath the brand new framework, exchanges can listing crypto-based ETPs with out going by way of the standard, months-long approval course of, so long as the underlying asset has an energetic futures market that’s been buying and selling for at the least six months on a CFTC change.
Shiba Inu meets the SEC’s up to date requirements, with Coinbase Derivatives confirming that its “1k Shib (SHB)” futures have been buying and selling since July 15, 2024, comfortably exceeding the six-month threshold. Even so, no fast approvals are anticipated, as the federal authorities shutdown at the moment delays ETF choices.
Shiba Inu is buying and selling round $0.00001014, up 7% over the previous week as market sentiment continues to enhance. Regardless of the value uptick, buying and selling exercise in SHIB derivatives has cooled, with quantity down almost 61% to $12.75 million.
SHIB’s open curiosity, a measure of energetic futures contracts, has edged barely decrease by 0.26%, totaling $12.45 million.
