Posts

Showing posts with the label digital asset etf

How Likely Is a Shiba Inu (SHIB) ETF? See If the SEC Will Approve

Image
Cryptocurrency-based ETFs have seen a substantial increase in demand over the last year. The US SEC made history when it approved several Bitcoin (BTC) and Ethereum (ETH) ETFs in 2024. While ETFs have played a significant role in the current market cycle, many are curious if a memecoin like Shiba Inu (SHIB) will ever get an ETF approval from the SEC. Let’s discuss. Will Shiba Inu (SHIB) Ever Get An ETF? Source: CoinGape The cryptocurrency industry in the US has seen a dramatic shift in 2025. The Trump administration has been very vocal about its support for the crypto sector. The SEC has also seen a change in its vision for the future of cryptocurrencies in the country. However, ETF approvals for memecoins, like Shiba Inu (SHIB), are still uncertain. According to White House crypto czar David Sacks, memecoins are neither securities nor commodities. In an interview, Sacks stated, “ It’s like a baseball card or a stamp. People buy it because they want to commemorate something....