<ul><li>The SEC ruled on February 27 that meme coins like Dogecoin and Shiba Inu are not securities but collectibles.</li><li>Meme coins fail the Howey Test, meaning buyers do not invest expecting profits from others' efforts.</li><li>The ruling increases the chances of DOGE and SHIB ETFs, with Grayscale already filing for a DOGE ETF.</li><li>With the SEC confirming that meme coins are not securities, the odds of seeing DOGE or SHIB ETFs rise significantly.</li></ul>

SEC Rules Meme Coins Like DOGE, SHIB Are Collectibles, Not Securities

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