The Shiba Inu ecosystem team has called for the creation of a Shiba Inu exchange-traded fund (ETF), following the recent approval of Bitcoin and Ethereum spot ETFs. Despite several altcoins attracting the attention of asset managers, including meme coins like Dogecoin, Bonk, and Official Trump, there have been no filings for a Shiba Inu ETF. ETFs provide institutional investors with easier access to assets, which can lead to significant capital inflows. The Shiba Inu team believes that an ETF would support mainstream adoption of their meme coin. The recent clarification by the US SEC that meme coins are not securities also increases the likelihood of approval for ETFs related to meme coins.
Content Editor ( thecryptobasic.com )
- 2025-02-28
Wen Shiba Inu ETF? Ecosystem Team Calls for SHIB-Based Investment Product
