Calls for a Shiba Inu exchange-traded fund (ETF) have increased as Shiba Inu remains absent from altcoin ETF filings.
Despite the absence of an ETF, institutional interest in Shiba Inu is growing, with Coinbase Derivatives introducing SHIB futures contracts.
The U.S. Securities and Exchange Commission (SEC) has confirmed that meme coins are not considered securities, potentially paving the way for meme coin ETFs.
A petition on Change.org is calling for Grayscale Investments to introduce a Shiba Inu ETF, aiming to meet strong market demand and offer a regulated investment vehicle.