- SHIB community pushes for ETF amid Bitcoin and Ethereum approvals.
- Solana and XRP ETF possibilities add to market speculation.
With the approval of the spot Bitcoin [BTC] ETF in January and the anticipated launch of the Ethereum [ETH] ETF in June, the market is speculating which coin will be the next.
Amidst the discussions, the Shiba Inu [SHIB] community is buzzing about the possibility of a SHIB ETF.
The petition
The SHIB community has petitioned Grayscale, a prominent crypto ETF issuer, to consider launching a Shiba Inu ETF.
Interestingly, the petition has gained 10,596 signatures so far, sparking excitement within the community.
The petition launched on Change.org noted,
“The introduction of a Shiba Inu ETF would symbolize a progressive stance towards cryptocurrency investment, mirroring the market’s dynamism and diversity.”
