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Shiba Inu ETF Proposal Gains Traction—Will SHIB Get an Investment Product?

  • 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.

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