Grayscale Investments has highlighted Shiba Inu among the many cryptocurrencies that qualify for a spot exchange-traded fund (ETF) itemizing in the USA.
Grayscale talked about this in a latest weblog submit titled, Market Byte: Right here Come the Altcoins. Following the launch of Bitcoin and Ethereum ETFs, Grayscale has acknowledged that the method of introducing the same product for altcoins, reminiscent of Shiba Inu, has now been streamlined.
In keeping with the report, it took over a decade to launch the primary spot Bitcoin ETP, spanning from the primary proposal in 2013 to its eventual approval in January 2024. Nevertheless, the SEC’s approval of the Generic Itemizing Requirements (GLS) framework now accelerates the launch of crypto ETPs.
Permitted in September 2025, the GLS framework not requires separate approval for every token. As a substitute, Grayscale defined {that a} crypto asset turns into eligible for a spot ETF as soon as it meets particular regulatory standards, permitting exchanges to record it for buying and selling after the registration assertion is finalized.
Shiba Inu Eligible for an ETF
In keeping with Grayscale, at the least 11 crypto belongings at present qualify for a spot exchange-traded fund. Notably, Shiba Inu made the record of belongings certified for a spot ETF. Different cryptocurrencies reminiscent of Dogecoin, XRP, Polkadot, Cardano, Avalanche, Hedera, Litecoin, and Solana had been additionally among the many eligible belongings.
Crypto Assets Anticipated to Qualify for Spot ETPs Primarily based on Generic Itemizing Requirements:@Ripple $XRP @solana $SOL @dogecoin $DOGE @Cardano $ADA @chainlink $LINK @bitcoincashorg $BCH @StellarOrg $XLM @avax $AVAX @litecoin $LTC @hedera $HBAR @Shibtoken $SHIB @Polkadot $DOT
— Grayscale (@Grayscale) November 1, 2025
Whereas a few of these belongings, reminiscent of Hedera, Litecoin, and Solana, have already got spot ETFs monitoring their efficiency, others, together with XRP, are nonetheless awaiting the SEC’s approval earlier than they’ll start buying and selling.
Nevertheless, no issuer has utilized to the U.S. SEC to launch an ETF solely tied to Shiba Inu. The closest Shiba Inu has come to gaining ETF publicity within the U.S. stems from a latest submitting by T. Rowe Worth, a $1.7 trillion asset supervisor.
Final month, the agency applied to launch an ETP to trace the efficiency of as much as 15 cryptocurrencies, with Shiba Inu among the many listed belongings. In Europe, ETP supplier Valour Inc. additionally launched a SEK-denominated fund for Shiba Inu, permitting institutional shoppers to realize publicity to the token.
Grayscale Snubs Name for Shiba Inu ETF
Regardless of these efforts, the Shiba Inu neighborhood longs for a U.S. ETF that tracks the efficiency of solely SHIB. Such a product may supply a number of benefits, together with attracting institutional capital, enhancing market accessibility, and driving potential worth appreciation of the underlying asset.
Accordingly, the SHIB neighborhood has made a number of efforts to influence asset managers, reminiscent of Grayscale, to launch a Shiba Inu ETF. Final 12 months, the neighborhood petitioned Grayscale on Change.org as a part of efforts to convey an SHIB ETF to market.
The petition has seen past its preliminary purpose of 10,000 signatures, with a complete of 11,753 signatures now collected.
Regardless of this rising demand, Grayscale has but to reply to the request and has not expressed any curiosity in launching a Shiba Inu funding fund.
Now that Grayscale has recognized Shiba Inu as eligible for a spot ETF below the GLS framework, hopes are excessive that the agency may transfer ahead with introducing a devoted SHIB ETF.
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