Grayscale Investments has highlighted Shiba Inu among the many cryptocurrencies that qualify for a spot exchange-traded fund (ETF) itemizing in america.
Grayscale talked about this in a latest weblog put up 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, equivalent to 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. Nonetheless, the SEC’s approval of the Generic Itemizing Requirements (GLS) framework now accelerates the launch of crypto ETPs.
Accepted in September 2025, the GLS framework now not requires separate approval for every token. As an alternative, 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, not less than 11 crypto property at present qualify for a spot exchange-traded fund. Notably, Shiba Inu made the record of property certified for a spot ETF. Different cryptocurrencies equivalent to Dogecoin, XRP, Polkadot, Cardano, Avalanche, Hedera, Litecoin, and Solana had been additionally among the many eligible property.
Crypto Property Anticipated to Qualify for Spot ETPs Based mostly 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 property, equivalent to 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.
Nonetheless, 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 Value, a $1.7 trillion asset supervisor.
Final month, the agency utilized to launch an ETP to trace the efficiency of as much as 15 cryptocurrencies, with Shiba Inu among the many listed property. 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 provide a number of benefits, together with attracting institutional capital, enhancing market accessibility, and driving potential value appreciation of the underlying asset.
Accordingly, the SHIB neighborhood has made a number of efforts to influence asset managers, equivalent to Grayscale, to launch a Shiba Inu ETF. Final 12 months, the neighborhood petitioned Grayscale on Change.org as a part of efforts to carry 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 answer 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.
DisClamier: This content material is informational and shouldn’t be thought of monetary recommendation. The views expressed on this article might embrace the writer’s private opinions and don’t replicate The Crypto Fundamental opinion. Readers are inspired to do thorough analysis earlier than making any funding selections. The Crypto Fundamental is just not liable for any monetary losses.
