🚀 Shiba ETF: The Universe’s Next Big Meme-tastrophe? 🌌

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So, the first ‘33 Act Dogecoin ETF has finally launched, thrusting meme coins into the spotlight like a towel-clad Arthur Dent at a Vogon poetry reading. Naturally, the galaxy is now abuzz with speculation: could a Shiba Inu ETF be the next cosmic joke? After all, it’s the second-largest meme coin by market cap, which is like being the second-most popular brand of toothpicks on the Heart of Gold. 🦴

Will A Shiba Inu ETF Leapfrog DOGE ETFs? 🐕‍🚀

The Grayscale Dogecoin ETF blasted off yesterday, becoming the first ‘33 Act DOGE fund. Bloomberg’s Eric Balchunas, the Hitchhiker’s Guide to the Crypto Galaxy, revealed that Bitwise’s DOGE ETF is set to launch on November 27-just two days after Grayscale’s. Meanwhile, 21Shares is still fiddling with its S-1 filing like a Magrathean trying to assemble an IKEA bookshelf. 📜

Market guru Nate Geraci called the Dogecoin ETF launch the most monumental crypto regulatory shift since someone decided 42 was the answer to everything. Especially since it’s a meme coin wrapped in an ETF, which is about as useful as a digital watch on a blind alien. And now, Shiba Inu, another meme coin, might be next in line for this intergalactic circus. 🎪

T Rowe Price, managing a cool $1.7 trillion (enough to buy a small moon), has filed for an active crypto ETF that includes spot SHIB. This makes it the first Shiba Inu ETF filing in the U.S., though it’s more of an index fund holding other crypto assets. So, it’s not a 100% SHIB fund-think of it as a mixed drink where SHIB is the olive. 🍸

There’s no update on T Rowe Price’s filing, but the fund could launch within 75 days thanks to the SEC’s new generic listing standards. SHIB and its crypto buddies, including Dogecoin, have regulated futures markets on Coinbase, which apparently qualifies them for this cosmic honor. 🚀

T Rowe Price filed for the SHIB ETF in October, so it could launch in January-just in time for the annual “Why Did I Invest in Meme Coins?” New Year’s resolution. Grayscale, the crypto ETF giant with 44 funds under its belt, has also listed Shiba Inu as eligible for a spot ETF. So, they might jump on the bandwagon sooner than a hoopy frood grabs their towel. 🧘♂️

SHIB Gets a Galactic Boost in Its Quest for Institutional Love 💖

Coinbase recently announced it’s launching U.S. perpetual-style futures for SHIB, alongside other altcoins like Dogecoin. These futures will be available to both retail and institutional investors, giving SHIB a major boost in its quest for institutional adoption. Think of it as SHIB finally getting a seat at the cool kids’ table in the cafeteria of the universe. 🍽️

This also adds credibility to SHIB, especially as everyone waits with bated breath for a 100% spot Shiba Inu ETF. The futures are CFTC-regulated, which might nudge asset managers to file for one, since SHIB now meets the SEC’s generic listing standards. It’s like SHIB finally passed the Vogsphere’s driving test. 🚗

At the time of writing, Shiba Inu is trading at around $0.000008272, up over 2% in the last 24 hours. Which is about as significant as finding a penny on the sidewalk of Alpha Centauri. But hey, every little bit helps, right? 💰

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2025-11-25 19:34