No Asset Manager Has Filed for Shiba Inu (SHIB) ETF. Here’s Why
2025-07-19 00:14:17
Main Idea
Shiba Inu (SHIB) has not seen any ETF filings from asset managers despite its large market cap, likely due to lack of transparent leadership, high-profile endorsements, and its complex ecosystem.
Key Points
1. No mainstream asset manager has filed for a Shiba Inu (SHIB) ETF, unlike smaller meme coins like Dogecoin (DOGE) and TRUMP coin.
2. Institutional interest in meme coin ETFs has surged since January 2025, with filings for DOGE, TRUMP, BONK, and PENGU.
3. SHIB's lack of a transparent leadership team, unlike DOGE or TRUMP coin, may deter ETF issuers concerned with oversight and accountability.
4. SHIB lacks high-profile endorsements, unlike DOGE (supported by Elon Musk) and TRUMP coin (linked to Donald Trump).
5. SHIB's complex ecosystem (ShibaSwap, Shibarium, NFTs) may make it less suitable for traditional ETFs, which prefer simpler, single-use tokens.
Description
Shiba Inu (SHIB) remains one of the largest meme-based cryptocurrencies by market capitalization, currently valued at over $9 billion. Yet, despite its size and active community, SHIB has not been the subject of any exchange-traded fund (ETF) application from mainstream asset managers. This absence is notable given the increasing interest in launching ETFs for even smaller and less established meme coins. ETF Filings Surge for Smaller Meme Coins Since January 2025, institutional interest in meme...
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